FBR Capital Upgrades Hospitality Properties to Buy

By Carrie Williams

Hospitality Properties (NYSE: HPT) received a Buy rating and a $33 price target from FBR Capital analyst Bryan Maher today. The company’s shares closed yesterday at $26.65.

According to TipRanks.com, Maher is a 1-star analyst with an average return of -2.4% and a 41.0% success rate. Maher covers the Financial sector, focusing on stocks such as Government Properties Income Trust, Retail Opportunity Investments, and Ashford Hospitality Trust.

Hospitality Properties has an analyst consensus of Moderate Buy, with a price target consensus of $31.

The company has a one year high of $32.32 and a one year low of $0. Currently, Hospitality Properties has an average volume of 1.13M.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2012, Bruce Gans, a Director at HPT bought 1,381 shares for a total of $34,115.

Hospitality Properties Trust is a real estate investment trust that provides services in hospitality and in travels. It operates through the Hotel Real Estate Investments and Travel Center Real Estate Investments segments. Its owns hotels and travel centers located throughout the United States, Ontario, Canada, and Puerto Rico. The company was founded by Barry M. Portnoy on February 7, 1995 and is headquartered in Newton, MA.