Analyst Price Target is $11.13
▲ +35.84% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Summit Hotel Properties in the last 3 months. The average price target is $11.13, with a high forecast of $12.00 and a low forecast of $10.50. The average price target represents a 35.84% upside from the last price of $8.19.
Current Consensus is
The current consensus among 4 investment analysts is to hold stock in Summit Hotel Properties. This rating has held steady since September 2021, when it changed from a Buy consensus rating.
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.