Analyst Price Target is $20.33
▲ +20.46% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Apple Hospitality REIT in the last 3 months. The average price target is $20.33, with a high forecast of $23.00 and a low forecast of $17.00. The average price target represents a 20.46% upside from the last price of $16.88.
Current Consensus is
The current consensus among 4 polled investment analysts is to hold stock in Apple Hospitality REIT. This rating has held steady since November 2020, when it changed from a Buy consensus rating.
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company's portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.