Analyst Price Target is $8.50
▲ +33.86% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Summit Hotel Properties in the last 3 months. The average price target is $8.50, with a high forecast of $8.50 and a low forecast of $8.50. The average price target represents a 33.86% upside from the last price of $6.35.
Current Consensus is
The current consensus among 2 investment analysts is to moderate buy stock in Summit Hotel Properties. This Moderate Buy consensus rating has held steady for over two years.
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the upscale segment of the lodging industry. As of November 1, 2023, the Company's portfolio consisted of 101 assets, 57 of which are wholly owned, with a total of 15,035 guestrooms located in 24 states.