American Hotel Income Properties REIT LP (HOT.UN) Price Target Cut to C$9.80 by Analysts at Scotiabank

American Hotel Income Properties REIT LP (TSE:HOT.UN) had its price target reduced by analysts at Scotiabank from C$10.00 to C$9.80 in a research note issued on Monday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price indicates a potential upside of 5.38% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$10.00 target price on shares of American Hotel Income Properties REIT in a research note on Monday, October 30th. TD Securities set a C$11.50 target price on American Hotel Income Properties REIT and gave the company a “buy” rating in a research note on Friday, August 11th. Canaccord Genuity set a C$10.75 target price on American Hotel Income Properties REIT and gave the company a “buy” rating in a research note on Friday, August 11th. National Bank Financial dropped their target price on American Hotel Income Properties REIT from C$12.50 to C$11.50 and set an “outperform” rating for the company in a research note on Tuesday, August 22nd. Finally, BMO Capital Markets set a C$11.00 target price on American Hotel Income Properties REIT and gave the company an “outperform” rating in a research note on Monday, September 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$10.76.

American Hotel Income Properties REIT (TSE HOT.UN) traded up C$0.02 during midday trading on Monday, hitting C$9.30. The stock had a trading volume of 4,815 shares, compared to its average volume of 133,370. American Hotel Income Properties REIT has a 12 month low of C$8.93 and a 12 month high of C$10.92.

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American Hotel Income Properties REIT Company Profile

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc (U.S.

Analyst Recommendations for American Hotel Income Properties REIT (TSE:HOT.UN)

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