In recent trading, shares of RLJ Lodging Trust (Symbol: RLJ) have surpassed the average analyst 12-month target price of $11.04, currently trading at $11.07 per share. Analysts monitoring the stock have varying target prices, with one analyst setting a low target of $7.50 and another as high as $13.00. The standard deviation among the targets is $1.634.
There are 11 analysts contributing to RLJ’s target price, which reflects a “wisdom of crowds” approach. As the stock exceeds the average target, investors are prompted to evaluate whether this price point indicates further potential growth or if it signals a peak in valuation. Analyst ratings currently show 2 strong buy, 1 buy, 7 hold, 1 sell, and 2 strong sell recommendations, yielding an average rating of 3.0, on a scale where 1 is strong buy and 5 is strong sell.
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