Barclays (LON:BARC) analyst Anthony Powell maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Friday, setting a price target of $13, which is approximately 2.55% below the present share price of $13.34.
Powell expects RLJ Lodging Trust to post earnings per share (EPS) of -$1.10 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Hold rating of shares in RLJ Lodging, with an average price target of $10.2.
The analysts price targets range from a high of $13 to a low of $9.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $83.93 million and a net profit of -$76.63 million. The company's market cap is $2.32 billion.
According to TipRanks.com, Barclays analyst Anthony Powell is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.2% and a 51.69% success rate.
RLJ Lodging Trust is a real estate investment trust, with interests in hotels. It operates through the following hotel brands: Marriott, Hilton, and Hyatt or Wyndham . The company was founded by Robert L. Johnson on January 31, 2011 and is headquartered in Bethesda, MD.