Shares of Apple Hospitality REIT Inc. (APLE) rose to $13.14, surpassing the average analyst 12-month target price of $13.00. This movement occurred recently as analysts assess the stock’s potential for further growth. The target price ranges from $12.00 to $14.00 among eight analysts, with a standard deviation of $0.755.
Currently, the analyst ratings for APLE include 3 strong buy ratings and 8 hold ratings, with no sell recommendations. The average rating is 2.45 on a scale where 1 is strong buy and 5 is strong sell. This suggests a cautious outlook amidst the positive price movement.
