Deutsche Bank Remains a Hold on Diamondrock (DRH)

By Jason Carr

In a report released yesterday, Chris Woronka from Deutsche Bank maintained a Hold rating on Diamondrock (DRHResearch Report), with a price target of $12. The company’s shares closed yesterday at $10.66.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 1.2% and a 56.4% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hertz Global Holdings Inc.

Diamondrock has an analyst consensus of Moderate Sell, with a price target consensus of $9.

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The company has a one-year high of $12.99 and a one-year low of $8.70. Currently, Diamondrock has an average volume of 3.23M.

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DiamondRock Hospitality Co. is a real estate investment trust with interests in hotels and resorts portfolio. Its activities include owning and management of lodging properties. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in July 2004 and is headquartered in Bethesda, MD.