Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) have been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$10.76.

Several research analysts have recently weighed in on the company. National Bank Financial reduced their price objective on American Hotel Income Properties REIT from C$12.50 to C$11.50 and set an “outperform” rating for the company in a research report on Tuesday, August 22nd. Royal Bank Of Canada reiterated a “sector perform” rating and set a C$10.00 price objective on shares of American Hotel Income Properties REIT in a research report on Monday, October 30th. BMO Capital Markets set a C$11.00 price objective on American Hotel Income Properties REIT and gave the company an “outperform” rating in a research report on Monday, September 25th. Scotiabank set a C$9.80 price objective on American Hotel Income Properties REIT and gave the company a “sector perform” rating in a research report on Monday, September 25th. Finally, Canaccord Genuity set a C$10.75 price objective on American Hotel Income Properties REIT and gave the company a “buy” rating in a research report on Friday, August 11th.

American Hotel Income Properties REIT (HOT.UN) traded down C$0.15 during midday trading on Monday, hitting C$9.14. The company had a trading volume of 213,480 shares, compared to its average volume of 130,310. American Hotel Income Properties REIT has a one year low of C$8.93 and a one year high of C$10.92.

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American Hotel Income Properties REIT Company Profile

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)

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