Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) have been given an average rating of “Buy” by the six brokerages that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$10.43.

HOT.UN has been the subject of several recent research reports. Scotiabank reduced their price target on American Hotel Income Properties REIT from C$10.00 to C$9.80 and set a “sector perform” rating for the company in a research report on Monday, November 13th. Royal Bank of Canada reissued a “sector perform” rating and issued a C$10.00 price objective on shares of American Hotel Income Properties REIT in a report on Monday, October 30th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$9.00 price objective on shares of American Hotel Income Properties REIT in a report on Wednesday, November 22nd.

Shares of American Hotel Income Properties REIT (TSE HOT.UN) traded down C$0.05 during mid-day trading on Wednesday, reaching C$8.82. The company had a trading volume of 188,916 shares, compared to its average volume of 148,275. The stock has a market capitalization of $688.26, a PE ratio of 49.00 and a beta of 0.22. American Hotel Income Properties REIT has a 52 week low of C$8.63 and a 52 week high of C$10.92.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.dailypolitical.com/2018/02/10/american-hotel-income-properties-reit-lp-hot-un-receives-c10-43-consensus-target-price-from-brokerages.html.

About American Hotel Income Properties REIT

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc (U.S.

Analyst Recommendations for American Hotel Income Properties REIT (TSE:HOT.UN)

Receive News & Ratings for American Hotel Income Properties REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Hotel Income Properties REIT and related companies with MarketBeat.com's FREE daily email newsletter.