▲ +21.38% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for American Hotel Income Properties REIT in the last 3 months. The average price target is $2.94, with a high forecast of $3.25 and a low forecast of $2.50. The average price target represents a 21.38% upside from the last price of $2.42.
The current consensus among 4 investment analysts is to hold stock in American Hotel Income Properties REIT.
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's 79 premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG, Wyndham and Choice Hotels through license agreements. The Company's long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio.