Raymond James analyst William Crow maintained a Buy rating on RLJ Lodging (NYSE:RLJ) Trust on Tuesday, setting a price target of $12, which is approximately 39.86% above the present share price of $8.58.
Crow expects RLJ Lodging Trust to post earnings per share (EPS) of -$0.21 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in RLJ Lodging, with an average price target of $11.33.
The analysts price targets range from a high of $15 to a low of $7.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $265.48 million and a net profit of -$12.39 million. The company's market cap is $1.4 billion.
According to TipRanks.com, Raymond James analyst William Crow is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.3% and a 57.89% 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.