Robert W. Baird Maintains a Hold Rating on Ashford Hospitality (AHT)

Robert W. Baird analyst Michael Bellisario maintained a Hold rating on Ashford Hospitality (AHTResearch Report) on August 2 and set a price target of $7.00. The company’s shares closed last Thursday at $10.51.

According to, Bellisario is a 4-star analyst with an average return of 6.6% and a 48.4% success rate. Bellisario covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts, Summit Hotel Properties, and Xenia Hotels & Resorts.

Ashford Hospitality has an analyst consensus of Hold, with a price target consensus of $8.00.

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The company has a one-year high of $17.21 and a one-year low of $4.61. Currently, Ashford Hospitality has an average volume of 1.19M.

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Ashford Hospitality Trust, Inc. is a real estate investment trust, which invests in the hospitality industry. It invests in lodging-related assets; direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition; sale-leaseback transactions; and other hospitality transactions. The company was founded by Montgomery Jack Bennett in May 2003 and is headquartered in Dallas, TX.

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