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

  • Consensus Rating: Buy
  • Consensus Price Target: $7.88
  • Forecasted Upside: -25.14 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$10.52
▲ +0.33 (3.24%)
1 month | 3 months | 12 months
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Analyst Price Target for INN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$7.88
▼ -25.14% Downside 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 $7.88, with a high forecast of $9.50 and a low forecast of $7.00. The average price target represents a -25.14% upside from the last price of $10.52.
Buy
The current consensus among 4 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

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/25/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/23/2020Raymond JamesBoost Price TargetOutperform$7.50 ➝ $9.50High
i
7/14/2020Raymond JamesLower Price TargetOutperform$9.00 ➝ $7.50Low
i
6/8/2020Raymond JamesBoost Price TargetOutperform$6.00 ➝ $9.00Low
i
6/1/2020Bank of AmericaUpgradeUnderperform ➝ Buy$4.00 ➝ $7.00Low
i
5/13/2020Robert W. BairdLower Price TargetOutperform$8.00 ➝ $7.00Low
i
4/30/2020KeyCorpLower Price TargetOverweight$13.00 ➝ $8.00High
i
1/13/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight$13.00 ➝ $13.50Medium
i
Rating by N. Malkin at Capital One Financial Co.
12/22/2019Royal Bank of CanadaReiterated RatingBuy$13.00Medium
i
6/25/2019Capital One FinancialInitiated CoverageEqual Weight$13.00High
i
Rating by N. Malkin at Capital One Financial Co.
4/21/2019Deutsche Bank AktiengesellschaftReiterated RatingBuy$14.00High
i
1/7/2019Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
i
12/20/2018KeyCorpSet Price TargetBuy$13.00High
i
Rating by Craig Mailman at KeyCorp
11/1/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$16.00 ➝ $14.00Medium
i
11/1/2018Raymond JamesLower Price TargetOutperform ➝ Buy$16.00 ➝ $14.00High
i
Rating by Bill Crow at Raymond James
10/23/2018Bank of AmericaDowngradeBuy ➝ NeutralHigh
i
4/12/2018Bank of AmericaUpgradeUnderperform ➝ BuyHigh
i
2/27/2018Royal Bank of CanadaReiterated RatingBuy$16.00Medium
i
2/26/2018Robert W. BairdSet Price TargetBuy$16.00High
i
Rating by Michael Bellisario at Robert W. Baird
2/26/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$17.00 ➝ $16.00High
i
2/23/2018Cantor FitzgeraldSet Price TargetBuy$17.00Low
i
11/20/2017Cantor FitzgeraldReiterated RatingBuy$17.00N/A
i
11/20/2017Janney Montgomery ScottDowngradeBuy ➝ NeutralN/A
i
10/30/2017Raymond JamesUpgradeMarket Perform ➝ Outperform$17.50N/A
i
10/29/2017KeyCorpSet Price TargetBuy$17.00N/A
i
Rating by Austin Wurschmidt at KeyCorp
9/26/2017KeyCorpUpgradeSector Weight ➝ Overweight$17.00High
i
9/8/2017Robert W. BairdReiterated RatingBuy$17.00Low
i
8/25/2017KeyCorpReiterated RatingHoldLow
i
8/14/2017Bank of AmericaDowngradeBuy ➝ Underperform$19.00 ➝ $14.00Low
i
8/9/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$19.00 ➝ $17.00Medium
i
8/4/2017Canaccord GenuityLower Price TargetBuy$21.00 ➝ $18.00Low
i
8/4/2017Royal Bank of CanadaReiterated RatingBuy$20.00Low
i
7/14/2017Raymond JamesReiterated RatingOutperform ➝ Market PerformHigh
i
7/14/2017UBS GroupDowngradeOutperform ➝ Market PerformHigh
i
6/16/2017Robert W. BairdReiterated RatingOutperform$17.00 ➝ $18.00Low
i
6/5/2017Cantor FitzgeraldLower Price TargetBuy$19.00Low
i
Rating by Gaurav Mehta at Cantor Fitzgerald
5/25/2017Cantor FitzgeraldBoost Price TargetOverweight$18.00 ➝ $19.00Low
i
Rating by Gaurav Mehta at Cantor Fitzgerald
5/25/2017Canaccord GenuityBoost Price TargetBuy$18.00 ➝ $20.00Low
i
5/25/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$17.00 ➝ $18.00Medium
i
5/15/2017Canaccord GenuityReiterated RatingBuy$19.00 ➝ $18.00Low
i
5/12/2017Cantor FitzgeraldReiterated RatingBuy$17.00 ➝ $18.00Low
i
5/8/2017Royal Bank of CanadaReiterated RatingBuy$18.00Low
i
3/3/2017Bank of AmericaUpgradeUnderperform ➝ Buy$17.00N/A
i
2/23/2017Cantor FitzgeraldReiterated RatingBuyN/A
i
12/23/2016Canaccord GenuityReiterated RatingBuy$15.00 ➝ $17.00N/A
i
Rating by Ryan Meliker at Canaccord Genuity
11/2/2016Canaccord GenuitySet Price TargetBuy$16.00N/A
i
Rating by Ryan Meliker at Canaccord Genuity
8/16/2016Canaccord GenuityReiterated RatingBuy$16.00N/A
i
Rating by Ryan Meliker at Canaccord Genuity
8/4/2016JMP SecuritiesBoost Price TargetMarket Outperform$14.00 ➝ $15.50N/A
i
8/2/2016Canaccord GenuityReiterated RatingBuyN/A
i
Rating by Ryan Meliker at Canaccord Genuity
6/26/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Chris Woronka at Deutsche Bank Aktiengesellschaft
5/4/2016Cantor FitzgeraldReiterated RatingBuyN/A
i
Rating by Gaurav Mehta at Cantor Fitzgerald
5/4/2016Canaccord GenuityReiterated RatingBuyN/A
i
Rating by Ryan Meliker at Canaccord Genuity
3/11/2016SVB LeerinkInitiated CoverageBuy ➝ OutperformN/A
i
3/10/2016Janney Montgomery ScottInitiated CoverageBuy$13.00N/A
i
3/1/2016Cantor FitzgeraldReiterated RatingBuy$13.00N/A
i
Rating by Guarav Mehta at Cantor Fitzgerald
3/1/2016Royal Bank of CanadaReiterated RatingOutperform$15.00 ➝ $14.00N/A
i
Rating by Wes Golladay at Royal Bank of Canada
(Data available from 2/25/2016 forward)
Summit Hotel Properties logo
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.
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Today's Range

Now: $10.52
$10.02
$10.85

50 Day Range

MA: $9.04
$8.10
$10.19

52 Week Range

Now: $10.52
$2.32
$10.85

Volume

1,169,775 shs

Average Volume

1,722,288 shs

Market Capitalization

$1.11 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: Bank of America Co., KeyCorp, Raymond James, Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for INN.

What is the current price target for Summit Hotel Properties?

4 Wall Street analysts have set twelve-month price targets for Summit Hotel Properties in the last year. Their average twelve-month price target is $7.88, suggesting a possible downside of 25.1%. Raymond James has the highest price target set, predicting INN will reach $9.50 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $7.00 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 4 buy ratings 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?

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.