▼ -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.
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.
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.