$6.07
-0.20[-3.19%]
At close: Apr 25
$6.07
0[0.00%]
After Hours: 4:20PM EDT
Summit Hotel Properties
(NYSE:INN)Summit Hotel Properties Stock (NYSE:INN), Analyst Ratings, Price Targets, Predictions
Summit Hotel Properties Inc has a consensus price target of $7.38, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from Wolfe Research, Raymond James, and Baird on January 10, 2024, March 29, 2023, and January 12, 2023. With an average price target of $5.5 between Wolfe Research, Raymond James, and Baird, there's an implied -9.39% downside for Summit Hotel Properties Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wolfe Research
Raymond James
Baird
Deutsche Bank
Capital One
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Summit Hotel Properties
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01/10/2024 | INN | Buy Now | Summit Hotel Properties | $6.07 | — | Wolfe Research | Keegan Carl | — | Initiates | → Peer Perform | Get Alert |
| 03/29/2023 | INN | Buy Now | Summit Hotel Properties | $6.07 | 40.03% | Raymond James | William Crow | $10 → $8.5 | Maintains | Outperform | Get Alert |
| 01/12/2023 | INN | Buy Now | Summit Hotel Properties | $6.07 | 31.8% | Baird | Michael Bellisario | $10 → $8 | Downgrade | Outperform → Neutral | Get Alert |
| 10/25/2022 | INN | Buy Now | Summit Hotel Properties | $6.07 | 81.22% | Deutsche Bank | Chris Woronka | $14 → $11 | Maintains | Buy | Get Alert |
| 09/15/2022 | INN | Buy Now | Summit Hotel Properties | $6.07 | 64.74% | Capital One | Neil Malkin | $14 → $10 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 07/14/2022 | INN | Buy Now | Summit Hotel Properties | $6.07 | — | Keybanc | Austin Wurschmidt | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 01/13/2022 | INN | Buy Now | Summit Hotel Properties | $6.07 | 97.69% | Keybanc | Austin Wurschmidt | $11 → $12 | Maintains | Overweight | Get Alert |
| 09/27/2021 | INN | Buy Now | Summit Hotel Properties | $6.07 | 81.22% | B of A Securities | Shaun Kelley | — | Downgrade | Buy → Underperform | Get Alert |
| 08/13/2021 | INN | Buy Now | Summit Hotel Properties | $6.07 | 72.98% | Raymond James | — | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Summit Hotel Properties (INN)?
The latest price target for Summit Hotel Properties (NYSE: INN) was reported by Wolfe Research on January 10, 2024. The analyst firm set a price target for $0.00 expecting INN to fall to within 12 months (a possible -100.00% downside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Summit Hotel Properties (INN)?
The latest analyst rating for Summit Hotel Properties (NYSE: INN) was provided by Wolfe Research, and Summit Hotel Properties initiated their peer perform rating.
When was the last upgrade for Summit Hotel Properties (INN)?
There is no last upgrade for Summit Hotel Properties.
When was the last downgrade for Summit Hotel Properties (INN)?
The last downgrade for Summit Hotel Properties Inc happened on January 12, 2023 when Baird changed their price target from $10 to $8 for Summit Hotel Properties Inc.
When is the next analyst rating going to be posted or updated for Summit Hotel Properties (INN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit Hotel Properties, 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 Summit Hotel Properties was filed on January 10, 2024 so you should expect the next rating to be made available sometime around January 10, 2025.
Is the Analyst Rating Summit Hotel Properties (INN) correct?
While ratings are subjective and will change, the latest Summit Hotel Properties (INN) rating was a initiated with a price target of $0.00 to $0.00. The current price Summit Hotel Properties (INN) is trading at is $6.07, which is out of the analyst’s predicted range.
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