American Hotel Income Properties REIT LP (HOT.UN) PT Lowered to C$9.80

American Hotel Income Properties REIT LP (TSE:HOT.UN) had its price objective cut by analysts at Scotiabank from C$10.00 to C$9.80 in a research note issued on Monday. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 6.52% from the company’s current price.

HOT.UN has been the subject of a number of other reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$10.00 price target on shares of American Hotel Income Properties REIT in a research report on Monday, October 30th. National Bank Financial dropped their price target on shares of American Hotel Income Properties REIT from C$12.50 to C$11.50 and set an “outperform” rating for the company in a research report on Tuesday, August 22nd. Canaccord Genuity set a C$10.75 price target on shares of American Hotel Income Properties REIT and gave the stock a “buy” rating in a research report on Friday, August 11th. BMO Capital Markets set a C$11.00 price target on shares of American Hotel Income Properties REIT and gave the stock an “outperform” rating in a research report on Monday, September 25th. Finally, TD Securities set a C$11.50 price target on shares of American Hotel Income Properties REIT and gave the stock a “buy” rating in a research report on Friday, August 11th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$10.76.

Shares of American Hotel Income Properties REIT (TSE:HOT.UN) opened at C$9.20 on Monday. American Hotel Income Properties REIT has a 12-month low of C$8.93 and a 12-month high of C$10.92.

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American Hotel Income Properties REIT Company Profile

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc (U.S.

Analyst Recommendations for American Hotel Income Properties REIT (TSE:HOT.UN)

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