Average Price Target: C$4.22
▼ -3.46% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for American Hotel Income Properties REIT in the last 3 months. The average price target is C$4.22, with a high forecast of C$5.00 and a low forecast of C$3.00. The average price target represents a -3.46% upside from the last price of C$4.37.
The current consensus among 4 investment analysts is to hold stock in American Hotel Income Properties REIT. This rating has held steady since November 2019, when it changed from a Buy consensus rating.
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG, Wyndham and Choice Hotels through license agreements. The company's long-term objectives are to build on its proven track record of successful investment, deliver reliable and consistent U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio.