Sotherly Hotels Inc has a consensus price target of $2.25, established from looking at the 3 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Piper Sandler, and Piper Sandler on August 11, 2023, May 31, 2023, and April 18, 2022. With an average price target of $2.25 between Piper Sandler, Piper Sandler, and Piper Sandler, there's an implied 78.57% upside for Sotherly Hotels Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
08/11/2023 | SOHO | Buy Now | Sotherly Hotels | $1.26 | 78.57% | Piper Sandler | Alexander Goldfarb | $2 → $2.25 | Maintains | Neutral | Get Alert |
05/31/2023 | SOHO | Buy Now | Sotherly Hotels | $1.26 | 58.73% | Piper Sandler | Alexander Goldfarb | $2.5 → $2 | Maintains | Neutral | Get Alert |
04/18/2022 | SOHO | Buy Now | Sotherly Hotels | $1.26 | 98.41% | Piper Sandler | Alexander Goldfarb | $2.75 → $2.5 | Maintains | Neutral | Get Alert |
The latest price target for Sotherly Hotels (NASDAQ: SOHO) was reported by Piper Sandler on August 11, 2023. The analyst firm set a price target for $2.25 expecting SOHO to rise to within 12 months (a possible 78.57% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Sotherly Hotels (NASDAQ: SOHO) was provided by Piper Sandler, and Sotherly Hotels maintained their neutral rating.
There is no last upgrade for Sotherly Hotels.
There is no last downgrade for Sotherly Hotels.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sotherly Hotels, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sotherly Hotels was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
While ratings are subjective and will change, the latest Sotherly Hotels (SOHO) rating was a maintained with a price target of $2.00 to $2.25. The current price Sotherly Hotels (SOHO) is trading at is $1.26, which is out of the analyst’s predicted range.
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