Ashford Hospitality Trust Inc. (NYSE:AHT)’s share price was up 1.2% on Wednesday . The stock traded as high as $7.04 and last traded at $6.95, with a volume of 185,832 shares changing hands. The stock had previously closed at $6.87.

Several equities analysts have weighed in on AHT shares. FBR & Co reaffirmed a “buy” rating and issued a $8.00 target price on shares of Ashford Hospitality Trust in a research report on Monday, May 9th. TheStreet downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. Zacks Investment Research downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Thursday, May 12th. Janney Montgomery Scott assumed coverage on Ashford Hospitality Trust in a research report on Monday, May 23rd. They set a “neutral” rating and a $5.00 price objective for the company. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Ashford Hospitality Trust in a research report on Sunday, June 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $6.72.

The firm has a 50 day moving average of $6.31 and a 200-day moving average of $5.76. The firm’s market capitalization is $669.38 million.

Ashford Hospitality Trust (NYSE:AHT) last released its earnings results on Thursday, August 4th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.06. During the same quarter last year, the company posted $0.49 earnings per share. The business had revenue of $410.70 million for the quarter, compared to analysts’ expectations of $406.30 million. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, equities analysts forecast that Ashford Hospitality Trust Inc. will post $1.55 EPS for the current year.

In other Ashford Hospitality Trust news, Director Alan Tallis bought 4,174 shares of Ashford Hospitality Trust stock in a transaction that occurred on Tuesday, August 9th. The shares were purchased at an average cost of $25.04 per share, for a total transaction of $104,516.96. Following the completion of the transaction, the director now owns 249,586 shares of the company’s stock, valued at approximately $6,249,633.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Ashford Hospitality Trust, Inc (Ashford), together with its subsidiaries, is an externally advised real estate investment trust (REIT). The Company operates through direct hotel investments segment. It is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States.

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