GreenTree Hospitality Group Ltd – (GHG) Given $18.15 Average Target Price by Analysts
GreenTree Hospitality Group Ltd – (NYSE:GHG) has earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price target of $18.15 for the company and are anticipating that the company will post $0.17 earnings per share for the current quarter, according to Zacks. Zacks has also assigned GreenTree Hospitality Group an industry rank of 200 out of 257 based on the ratings given to its competitors.
A number of brokerages have issued reports on GHG. Zacks Investment Research upgraded shares of GreenTree Hospitality Group from a “sell” rating to a “hold” rating in a research note on Tuesday, August 14th. Goldman Sachs Group began coverage on shares of GreenTree Hospitality Group in a research note on Monday, September 24th. They set a “neutral” rating and a $15.50 price objective on the stock.
GreenTree Hospitality Group stock traded down $0.10 during trading hours on Friday, reaching $12.75. 110,941 shares of the stock were exchanged, compared to its average volume of 106,950. GreenTree Hospitality Group has a twelve month low of $9.50 and a twelve month high of $25.10.
GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings data on Thursday, August 23rd. The company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. The firm had revenue of $35.27 million for the quarter. On average, analysts predict that GreenTree Hospitality Group will post 0.66 EPS for the current fiscal year.
About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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