Published On: Wed, Oct 19th, 2016

New Analyst Ratings On LaSalle Hotel Properties (NYSE:LHO)


Recently stock market analysts have updated their consensus ratings on shares of LaSalle Hotel Properties (NYSE:LHO).

Most recent broker ratings

08/25/2016 – BTIG Research began new coverage on LaSalle Hotel Properties giving the company a “neutral” rating.

07/21/2016 – LaSalle Hotel Properties was downgraded to “hold” by analysts at Credit Suisse. They now have a USD 25 price target on the stock.

05/23/2016 – LaSalle Hotel Properties had its “neutral” rating reiterated by analysts at Janney Montgomery Scott. They now have a USD 24 price target on the stock.

05/19/2016 – LaSalle Hotel Properties had its “neutral” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 25 price target on the stock.

04/11/2016 – LaSalle Hotel Properties had its “market perform” rating reiterated by analysts at Cowen. They now have a USD 25 price target on the stock.

03/29/2016 – Stifel Nicolaus began new coverage on LaSalle Hotel Properties giving the company a “hold” rating.

02/22/2016 – LaSalle Hotel Properties had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 28 price target on the stock.

02/22/2016 – LaSalle Hotel Properties had its “hold” rating reiterated by analysts at Canaccord Genuity. They now have a USD 27 price target on the stock.

02/19/2016 – LaSalle Hotel Properties had its “hold” rating reiterated by analysts at Evercore ISI. They now have a USD 25 price target on the stock.

01/19/2016 – LaSalle Hotel Properties was downgraded to “sell” by analysts at Ladenburg Thalmann.

01/14/2016 – LaSalle Hotel Properties had its “underweight” rating reiterated by analysts at Barclays. They now have a USD 25 price target on the stock.

12/15/2015 – LaSalle Hotel Properties was downgraded to “neutral” by analysts at Citigroup.

10/26/2015 – LaSalle Hotel Properties was downgraded to “equal weight” by analysts at Morgan Stanley. They now have a USD 30 price target on the stock.

10/26/2015 – LaSalle Hotel Properties had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 34 price target on the stock.

10/26/2015 – LaSalle Hotel Properties was downgraded to “market perform” by analysts at Raymond James.

LaSalle Hotel Properties has a 50 day moving average of 24.97 and a 200 day moving average of 24.93. The stock’s market capitalization is 2.82B, it has a 52-week low of 19.01 and a 52-week high of 32.10.

The share price of the company (NYSE:LHO) was up +1.51% during the last trading session, with a high of 25.30 and the volume of LaSalle Hotel Properties shares traded was 1204752.

Lasalle Hotel Properties is a self-administered and self-managed real estate investment trust (REIT). The Company primarily buys, owns, redevelops and leases upscale and luxury hotels located in convention, resort and urban business markets. The Company owns interest in approximately 50 hotels with over 12,000 guest rooms located in approximately 10 states and the District of Columbia. LaSalle Hotel Lessee, Inc. (LHL) is the Company’s subsidiary. The Company’s hotels are leased to LHL that provides for rental payments. The Company’s assets are held by, and all of its operations are conducted through, LaSalle Hotel Operating Partnership, L.P. (the Operating Partnership). The Company is the general partner of the Operating Partnership. The hotels, in which the Company has interests include Hotel Amarano Burbank, Hilton San Diego Gaslamp Quarter, Hotel Solamar, San Diego Paradise Point Resort and Spa, The Hilton San Diego Resort and Spa, and Harbor Court Hotel.