Robert W. Baird Maintains Their Buy Rating on Summit Hotel Properties (INN)

Robert W. Baird analyst Michael Bellisario maintained a Buy rating on Summit Hotel Properties (INNResearch Report) yesterday and set a price target of $12.00. The company’s shares closed last Thursday at $9.86.

According to, Bellisario is a 4-star analyst with an average return of 12.0% and a 63.9% success rate. Bellisario covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts, Xenia Hotels & Resorts, and Apple Hospitality REIT.

Summit Hotel Properties has an analyst consensus of Moderate Buy, with a price target consensus of $12.00.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $11.32 and a one-year low of $8.22. Currently, Summit Hotel Properties has an average volume of 627.4K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Summit Hotel Properties, Inc. is a real estate investment trust, which operates as a self-managed hotel investment company. It focuses on owning premium-branded select-service hotels. Its hotels are typically located in markets with multiple demand generators such as corporate offices and headquarters, retail centers, airports, state capitols, convention centers, universities, and leisure attractions. The company was founded on June 30, 2010 and is headquartered in Austin, TX.

Read More on INN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More