Zacks Rating on Hospitality Properites Trust (HPT)

Hospitality Properites Trust (HPT) : The consensus on Hospitality Properites Trust (HPT) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 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 consensus price target for Hospitality Properites Trust (HPT) is $30.5 for the short term with a standard deviation of $3.42. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $34, however, the pessimist price target for the company is $26.


Shares of Hospitality Properties Trust appreciated by 0.36% during the last five trading days but lost 3.71% on a 4-week basis. Hospitality Properties Trust is up 22.1% in the last 3-month period. Year-to-Date the stock performance stands at 22.16%. Hospitality Properites Trust (NYSE:HPT): On Tuesdays trading session , Opening price of the stock was $30.78 with an intraday high of $30.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.63. However, the stock managed to close at $30.66, a loss of 0.10% for the day. On the previous day, the stock had closed at $30.69. The total traded volume of the day was 1,430,622 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.