Impact of Brokerage Rating on FelCor Lodging Trust Incorporated(FCH)

Many FelCor Lodging Trust Incorporated(FCH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. FelCor Lodging Trust Incorporated was Downgraded by FBR & Co. to Mkt Perform on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Nov 17, 2016, Jeffrey D Symes (SVP, Chief Accounting Officer) sold 7,100 shares at 7.09 per share price.On Nov 9, 2016, Jonathan H Yellen (EVP, GC & Secretary) sold 70,000 shares at 6.51 per share price.On Jul 6, 2016, Robert F Cotter (director) sold 15,918 shares at 6.34 per share price.

FelCor Lodging Trust Incorporated Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.28 EPS for the quarter. Analyst had a consensus estimate of $0.28. The company had revenue of $223.00 million for the quarter, compared to analysts expectations of $219.98 million. The companys revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.

FelCor Lodging Trust Incorporated (NYSE:FCH) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.86 by 7 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

FelCor Lodging Trust Incorporated (NYSE:FCH) shares are expected to touch $7.08 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 0.8. The target price could hit $8 on the higher end and $6 on the lower end.

FelCor Lodging Trust Incorporated (NYSE:FCH) rose 0.4% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $7.48 the stock was seen hitting $7.56 as a peak level and $7.37 as the lowest level. The stock ended up at $7.55. The daily volume was measured at 1,714,780 shares. The 52-week high of the share price is $9.13 and the 52-week low is $5.68. The company has a market cap of $1,040 million.

FelCor Lodging Trust Inc., a real estate investment trust, is one of the nations largest owners of upper-upscale, all-suite hotels. FelCors diversified portfolio of hotels and resorts are flagged under global brands such as: Doubletree ?, Embassy Suites Hotels?, Hilton?, Fairmont?, Marriott?, Renaissance?, Sheraton?, Westin? and Holiday Inn?. FelCor Lodging Trust Inc., formerly known as FelCor Suite Hotels, Inc., is based in Irving, Texas.

FelCor

For any feedback and suggestions contact author at Bill.Dery@thefoundersdaily.com

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