Jefferies (NYSE:JEF) analyst David Katz reiterated a Buy rating on Xenia Hotels & Resorts on Friday, setting a price target of $22, which is approximately 24.01% above the present share price of $17.74.
Katz expects Xenia Hotels & Resorts to post earnings per share (EPS) of -$0.36 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Xenia Hotels & Resorts, with an average price target of $21.5.
The analysts price targets range from a high of $23 to a low of $20.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $151.97 million and a net profit of -$6.41 million. The company's market cap is $2.03 billion.
According to TipRanks.com, Jefferies analyst David Katz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.4% and a 60.61% success rate.
Xenia Hotels & Resorts, Inc. is a real estate investment trust company, which engages in the investment in premium services, lifestyle, and urban upscale hotels. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews (NYSE:L). The company was founded in 2007 and is headquartered in Orlando, FL.