Barclays (LON:BARC) analyst Anthony Powell maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Monday, setting a price target of $18, which is approximately 49.88% above the present share price of $12.01.
Powell expects RLJ Lodging Trust to post earnings per share (EPS) of -$0.94 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in RLJ Lodging, with an average price target of $16.5.
The analysts price targets range from a high of $17 to a low of $16.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $233.77 million and a net profit of $4.43 million. The company's market cap is $2 billion.
According to TipRanks.com, Barclays analyst Anthony Powell is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.9% and a 50.00% 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.