Analysts Offer Insights on Financial Companies: Chatham Lodging (NYSE: CLDT) and Kite Realty Group (NYSE: KRG)

By Carrie Williams

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Chatham Lodging (NYSE: CLDT) and Kite Realty Group (NYSE: KRG).

Chatham Lodging (NYSE: CLDT)

Barclays analyst Felicia Hendrix maintained a Hold rating on Chatham Lodging (NYSE: CLDT) on December 13 and set a price target of $23. The company’s shares opened today at $23.25, close to its 52-week high of $23.34.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 8.1% and a 60.9% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

Currently, the analyst consensus on Chatham Lodging is Hold and the average price target is $21.75, representing a -6.5% downside.

In a report issued on December 7, Cantor Fitzgerald also maintained a Hold rating on the stock with a $22 price target.
Kite Realty Group (NYSE: KRG)

In a report released yesterday, Ross L Smotrich from Barclays maintained a Buy rating on Kite Realty Group (NYSE: KRG), with a price target of $25. The company’s shares opened today at $19.59.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 9.5% and a 69.1% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate ate Investment, Apartment Investment & Management, and General Growth Properties Inc.

Kite Realty Group has an analyst consensus of Moderate Buy, with a price target consensus of $23.50.

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