Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) have earned a consensus recommendation of “Buy” from the six analysts that are 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 objective among analysts that have covered the stock in the last year is C$10.43.

A number of brokerages have commented on HOT.UN. BMO Capital Markets restated an “outperform” rating and issued a C$9.00 price target on shares of American Hotel Income Properties REIT in a research report on Wednesday, November 22nd. Royal Bank of Canada restated a “sector perform” rating and issued a C$10.00 price target on shares of American Hotel Income Properties REIT in a research report on Monday, October 30th. Finally, Scotiabank reduced their price target on American Hotel Income Properties REIT from C$10.00 to C$9.80 and set a “sector perform” rating for the company in a research report on Monday, November 13th.

Shares of American Hotel Income Properties REIT (HOT.UN) traded up C$0.08 on Wednesday, reaching C$8.90. The company’s stock had a trading volume of 117,925 shares, compared to its average volume of 151,690. The stock has a market capitalization of $694.50, a PE ratio of 49.44 and a beta of 0.22. American Hotel Income Properties REIT has a fifty-two week low of C$8.63 and a fifty-two week high of C$10.92.

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About American Hotel Income Properties REIT

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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