Robert W. Baird analyst Michael Bellisario maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Thursday, setting a price target of $17, which is approximately 9.96% above the present share price of $15.46.
Bellisario expects RLJ Lodging Trust to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in RLJ Lodging, with an average price target of $17.6.
The analysts price targets range from a high of $20 to a low of $15.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $119.55 million and a net profit of -$46.74 million. The company's market cap is $2.55 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Bellisario is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.5% and a 60.00% 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.