Red Lion Hotels Corporation (NYSE:RLH)‘s stock had its “buy” rating reaffirmed by equities researchers at B. Riley in a report issued on Monday. They presently have a $12.50 target price on the stock. B. Riley’s target price would indicate a potential upside of 42.05% from the company’s current price.

RLH has been the topic of several other reports. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a report on Saturday, August 19th. ValuEngine upgraded shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, TheStreet upgraded shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th.

Red Lion Hotels Corporation (RLH) opened at 8.80 on Monday. The firm’s 50 day moving average is $8.45 and its 200 day moving average is $7.25. The company’s market cap is $207.78 million. Red Lion Hotels Corporation has a 12-month low of $6.15 and a 12-month high of $9.40.

Red Lion Hotels Corporation (NYSE:RLH) last posted its earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.04. The company had revenue of $48.53 million for the quarter, compared to analyst estimates of $49.94 million. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%. Equities research analysts anticipate that Red Lion Hotels Corporation will post ($0.22) EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of RLH. Eidelman Virant Capital lifted its holdings in shares of Red Lion Hotels Corporation by 7.0% in the 3rd quarter. Eidelman Virant Capital now owns 1,315,981 shares of the company’s stock worth $11,383,000 after acquiring an additional 86,000 shares during the last quarter. Nationwide Fund Advisors lifted its holdings in shares of Red Lion Hotels Corporation by 71.3% in the 3rd quarter. Nationwide Fund Advisors now owns 53,223 shares of the company’s stock worth $460,000 after acquiring an additional 22,145 shares during the last quarter. Wasatch Advisors Inc. lifted its holdings in shares of Red Lion Hotels Corporation by 15.5% in the 2nd quarter. Wasatch Advisors Inc. now owns 242,600 shares of the company’s stock worth $1,783,000 after acquiring an additional 32,600 shares during the last quarter. Raffles Associates LP lifted its holdings in shares of Red Lion Hotels Corporation by 6.1% in the 2nd quarter. Raffles Associates LP now owns 644,555 shares of the company’s stock worth $4,737,000 after acquiring an additional 36,938 shares during the last quarter. Finally, CWH Capital Management Inc. lifted its holdings in shares of Red Lion Hotels Corporation by 2.7% in the 2nd quarter. CWH Capital Management Inc. now owns 38,373 shares of the company’s stock worth $282,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 63.73% of the company’s stock.

About Red Lion Hotels Corporation

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.

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