NYSE:INN - Summit Hotel Properties Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $11.50
Forecasted Upside: 18.19 %
Number of Analysts: 1
Breakdown:
0 Sell Ratings
0 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

^$9.73 As of 06/24/2021 01:00 AM ET

▲ +0.05 (0.52%)

1 month | 3 months | 12 months

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Analyst Price Target for INN

^$11.50

▲ +18.19% Upside Potential

This price target is based on 1 analysts offering 12 month price targets for Summit Hotel Properties in the last 3 months. The average price target is $11.50, with a high forecast of $11.50 and a low forecast of $11.50. The average price target represents a 18.19% upside from the last price of $9.73.

Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in Summit Hotel Properties. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

1/1/2020

0 strong buy ratings
3 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/31/2020

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/29/2020

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/27/2020

0 strong buy ratings
5 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/26/2020

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/26/2021

0 strong buy ratings
2 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

5/25/2021

0 strong buy ratings
1 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
2/26/2021	Raymond James	Boost Price Target	Outperform	$9.50 ➝ $11.50	High
11/23/2020	Raymond James	Boost Price Target	Outperform	$7.50 ➝ $9.50	High
7/14/2020	Raymond James	Lower Price Target	Outperform	$9.00 ➝ $7.50	Low
6/8/2020	Raymond James	Boost Price Target	Outperform	$6.00 ➝ $9.00	Low
6/1/2020	Bank of America	Upgrade	Underperform ➝ Buy	$4.00 ➝ $7.00	Low
5/13/2020	Robert W. Baird	Lower Price Target	Outperform	$8.00 ➝ $7.00	Low
4/30/2020	KeyCorp	Lower Price Target	Overweight	$13.00 ➝ $8.00	High
1/13/2020	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$13.00 ➝ $13.50	Medium
12/22/2019	Royal Bank of Canada	Reiterated Rating	Buy	$13.00	Medium
6/25/2019	Capital One Financial	Initiated Coverage	Equal Weight	$13.00	High
4/21/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$14.00	High
1/7/2019	Bank of America	Downgrade	Neutral ➝ Underperform		High
12/20/2018	KeyCorp	Set Price Target	Buy	$13.00	High
11/1/2018	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy ➝ Buy	$16.00 ➝ $14.00	Medium
11/1/2018	Raymond James	Lower Price Target	Outperform ➝ Buy	$16.00 ➝ $14.00	High
10/23/2018	Bank of America	Downgrade	Buy ➝ Neutral		High
4/12/2018	Bank of America	Upgrade	Underperform ➝ Buy		High
2/27/2018	Royal Bank of Canada	Reiterated Rating	Buy	$16.00	Medium
2/26/2018	Robert W. Baird	Set Price Target	Buy	$16.00	High
2/26/2018	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy ➝ Buy	$17.00 ➝ $16.00	High
2/23/2018	Cantor Fitzgerald	Set Price Target	Buy	$17.00	Low
11/20/2017	Cantor Fitzgerald	Reiterated Rating	Buy	$17.00	N/A
11/20/2017	Janney Montgomery Scott	Downgrade	Buy ➝ Neutral		N/A
10/30/2017	Raymond James	Upgrade	Market Perform ➝ Outperform	$17.50	N/A
10/29/2017	KeyCorp	Set Price Target	Buy	$17.00	N/A
9/26/2017	KeyCorp	Upgrade	Sector Weight ➝ Overweight	$17.00	High
9/8/2017	Robert W. Baird	Reiterated Rating	Buy	$17.00	Low
8/25/2017	KeyCorp	Reiterated Rating	Hold		Low
8/14/2017	Bank of America	Downgrade	Buy ➝ Underperform	$19.00 ➝ $14.00	Low
8/9/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$19.00 ➝ $17.00	Medium
8/4/2017	Canaccord Genuity	Lower Price Target	Buy	$21.00 ➝ $18.00	Low
8/4/2017	Royal Bank of Canada	Reiterated Rating	Buy	$20.00	Low
7/14/2017	Raymond James	Reiterated Rating	Outperform ➝ Market Perform		High
7/14/2017	UBS Group	Downgrade	Outperform ➝ Market Perform		High
6/16/2017	Robert W. Baird	Reiterated Rating	Outperform	$17.00 ➝ $18.00	Low
6/5/2017	Cantor Fitzgerald	Lower Price Target	Buy	$19.00	Low
5/25/2017	Cantor Fitzgerald	Boost Price Target	Overweight	$18.00 ➝ $19.00	Low
5/25/2017	Canaccord Genuity	Boost Price Target	Buy	$18.00 ➝ $20.00	Low
5/25/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$17.00 ➝ $18.00	Medium
5/15/2017	Canaccord Genuity	Reiterated Rating	Buy	$19.00 ➝ $18.00	Low
5/12/2017	Cantor Fitzgerald	Reiterated Rating	Buy	$17.00 ➝ $18.00	Low
5/8/2017	Royal Bank of Canada	Reiterated Rating	Buy	$18.00	Low
3/3/2017	Bank of America	Upgrade	Underperform ➝ Buy	$17.00	N/A
2/23/2017	Cantor Fitzgerald	Reiterated Rating	Buy		N/A
12/23/2016	Canaccord Genuity	Reiterated Rating	Buy	$15.00 ➝ $17.00	N/A
11/2/2016	Canaccord Genuity	Set Price Target	Buy	$16.00	N/A
8/16/2016	Canaccord Genuity	Reiterated Rating	Buy	$16.00	N/A
8/4/2016	JMP Securities	Boost Price Target	Market Outperform	$14.00 ➝ $15.50	N/A
8/2/2016	Canaccord Genuity	Reiterated Rating	Buy		N/A
6/26/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		N/A

(Data available from 6/24/2016 forward)

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of November 3, 2020, the Company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.

Today's Range

Now: $9.73

$9.52

$9.78

50 Day Range

MA: $9.85

$9.27

$10.47

52 Week Range

Now: $9.73

$4.72

$11.32

Volume

340,522 shs

Average Volume

1,015,381 shs

Market Capitalization

$1.03 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.41

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Hotel Properties?

The following Wall Street analysts have issued research reports on Summit Hotel Properties in the last year: Raymond James, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for INN.

What is the current price target for Summit Hotel Properties?

1 Wall Street analysts have set twelve-month price targets for Summit Hotel Properties in the last year. Their average twelve-month price target is $11.50, suggesting a possible upside of 18.2%. Raymond James has the highest price target set, predicting INN will reach $11.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $11.50 for Summit Hotel Properties in the next year.
View the latest price targets for INN.

What is the current consensus analyst rating for Summit Hotel Properties?

Summit Hotel Properties currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe INN will outperform the market and that investors should add to their positions of Summit Hotel Properties.
View the latest ratings for INN.

What other companies compete with Summit Hotel Properties?

Other companies that are similar to Summit Hotel Properties include American Tower, Public Storage, Welltower, Weyerhaeuser, Ventas, Extra Space Storage, Medical Properties Trust, CubeSmart, Omega Healthcare Investors, Life Storage, Rayonier, Ryman Hospitality Properties, Healthcare Realty Trust, EPR Properties and Sabra Health Care REIT.

How do I contact Summit Hotel Properties' investor relations team?

Summit Hotel Properties' physical mailing address is 13215 Bee Cave Parkway SuiteB-300, Austin TX, 78738. The real estate investment trust's listed phone number is 512-538-2300 and its investor relations email address is [email protected] The official website for Summit Hotel Properties is www.shpreit.com.