Hospitality Properites Trust (HPT) : Analyst Rating Update

Hospitality Properites Trust (HPT) : The consensus on Hospitality Properites Trust (HPT) based on 5 analyst recommendation on the company stock is 2.6, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Hospitality Properites Trust (HPT) : The highest short term price target forecast on Hospitality Properites Trust (HPT) is $31 and the lowest target price is $26. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $28.5 with a standard deviation of $2.08.

Hospitality Properites Trust (NYSE:HPT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.90 and $28.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.26, notching a gain of 0.90% for the day. The total traded volume was 582,913 . The stock had closed at $29.00 on the previous day.

The company shares have dropped -1.09% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $30.11 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $26.54 and the 200 Day Moving Average price is recorded at $25.47.

Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers, all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Companys properties are located in 44 states in the United States, Canada and Puerto Rico.

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