Strategic Hotels & Resorts Given New $10.00 Price Target at MLV Capital (BEE)
Strategic Hotels & Resorts traded down 0.53% on Monday, hitting $7.44. Strategic Hotels & Resorts has a 52-week low of $5.44 and a 52-week high of $8.11. The stock’s 50-day moving average is currently $7.24. The company’s market cap is $1.520 billion.
A number of other firms have also recently commented on BEE. Analysts at JMP Securities raised their price target on shares of Strategic Hotels & Resorts from $8.00 to $9.00 in a research note to investors on Friday. Analysts at ISI Group downgraded shares of Strategic Hotels & Resorts from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, January 16th. They now have a $8.00 price target on the stock.
Four analysts have rated the stock with a buy rating, one has given an overweight rating, two have issued a hold rating, and one has issued an underweight rating to the company. Strategic Hotels & Resorts presently has a consensus rating of “overweight” and a consensus target price of $8.00.
Strategic Hotels & Resorts, Inc. (SHR) is a self-administered and self-managed real estate investment trust (REIT).
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