Deutsche Bank (DE:DBKGn) analyst Chris Woronka maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Friday, setting a price target of $10, which is approximately 16.41% above the present share price of $8.59.
Woronka expects RLJ Lodging Trust to post earnings per share (EPS) of -$0.74 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in RLJ Lodging, with an average price target of $10.
The analysts price targets range from a high of $11 to a low of $9.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $32.59 million and a net profit of -$104.04 million. The company's market cap is $1.42 billion.
According to TipRanks.com, Deutsche Bank analyst Chris Woronka is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.8% and a 39.51% 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.