Evercore ISI analyst Steve Sakwa maintained a Buy rating on Sunstone Hotel (SHO – Research Report) yesterday and set a price target of $13.50. The company’s shares closed last Thursday at $11.47.
According to TipRanks.com, Sakwa is a 3-star analyst with an average return of 1.9% and a 52.0% success rate. Sakwa covers the Financial sector, focusing on stocks such as Corporate Office Properties, Healthpeak Properties, and Park Hotels & Resorts.
Sunstone Hotel has an analyst consensus of Hold, with a price target consensus of $12.10.
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Sunstone Hotel’s market cap is currently $2.68B and has a P/E ratio of 218.39.
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Sunstone Hotel Investors, Inc. is a real estate investment trust, which engages in the acquisition, ownership, asset management and renovation of hotels and resorts. It operates under the following brands: Marriott, Hilton, and Hyatt. The company was founded by Robert A. Alter in 1985 and is headquartered in Aliso Viejo, CA.
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