Analyst Price Target is $10.50
▲ +23.67% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Summit Hotel Properties in the last 3 months. The average price target is $10.50, with a high forecast of $11.00 and a low forecast of $10.00. The average price target represents a 23.67% upside from the last price of $8.49.
Current Consensus is
The current consensus among 3 contributing investment analysts is to hold stock in Summit Hotel Properties. This rating changed within the last month from a Buy consensus rating.
Summit Hotel Properties, Inc. is a real estate investment trust, which operates as a self-managed hotel investment company. It focuses on owning premium-branded select-service hotels. Its hotels are located in corporate offices, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. The company was founded on June 30, 2010 and is headquartered in Frisco, TX.