J.P. Morgan analyst Joseph Greff maintained a Sell rating on Sunstone Hotel (NYSE:SHO) Investors on Monday, setting a price target of $12, which is approximately 0.08% below the present share price of $12.01.
Greff expects Sunstone Hotel Investors to post earnings per share (EPS) of -$0.13 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Sunstone Hotel, with an average price target of $12.56.
The analysts price targets range from a high of $13 to a low of $10.5.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $167.42 million and a net profit of -$13.17 million. The company's market cap is $2.63 billion.
According to TipRanks.com, J.P. Morgan analyst Joseph Greff is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.8% and a 59.86% success rate.
Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the acquisition, ownership, asset management and renovation of hotels and resorts. It operates under the following brands: Marriott, Hilton, and Hyatt. The company was founded by Robert A. Alter in 1985 and is headquartered in Aliso Viejo, CA.