Barclays Keeps a Sell Rating on Lasalle Hotel Properties

By Ryan Adsit

In a report issued on October 20, Felicia Hendrix from Barclays maintained a Sell rating on Lasalle Hotel Properties (NYSE: LHO), with a price target of $27. The company’s shares opened today at $27.79.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 7.4% and a 62.7% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

Lasalle Hotel Properties has an analyst consensus of Hold, with a price target consensus of $28.92.

The company has a one-year high of $31.87 and a one-year low of $23.05. Currently, Lasalle Hotel Properties has an average volume of 1.06M.

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LaSalle Hotel Properties operates as a real estate investment trust. It buys, owns, redevelops and leases upscale and luxury full-service hotels located in convention, resort and urban business markets. The company was founded on January 15, 1998 and is headquartered in Bethesda, MD.