B. Riley Issues a Buy Rating on Red Lion HotelsBy Jason Carr
According to TipRanks.com, Wold is a 5-star analyst with an average return of 9.8% and a 53.2% success rate. Wold covers the Services sector, focusing on stocks such as Reading International Inc, Salem Communications Corp, and Cinemark Holdings Inc.
Red Lion Hotels has an analyst consensus of Moderate Buy, with a price target consensus of $12.
The company has a one year high of $9.40 and a one year low of $6.23. Currently, Red Lion Hotels has an average volume of 59.13K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2015, Raymond Brandstrom, a Director at RLH bought 1,000 shares for a total of $7,030.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Red Lion Hotels Corp. is a hospitality and leisure company. It engages in the franchising, management and ownership of hotels under proprietary brands, including Red Lion Hotels, Red Lion Inns & Suites and Leo Hotel Collection. The company operates its business through following segments: Hotels, Franchise Hotels and Entertainment. The Hotels segment provides guest rooms and food & beverage operations at its owned and leased hotels. The Franchise Hotels segment is engaged primarily in licensing the Red Lion brand to franchisees. The Entertainment segment is primarily engaged in ticketing services and promotion and presentation of entertainment productions under the operations of TicketsWest and WestCoast Entertainment. It offers ticketing inventory management systems, call center services, and outlet/electronic channel distribution for event locations. The company was founded in 1937 and is headquartered in Spokane, WA.