Analyst Revises Ashford Hospitality Prime, Inc. (NYSE:AHP) Stock Target To $14.58


Ashford Hospitality Prime, Inc. (NYSE:AHP) mean price target is $14.58. Thomson Reuters averaged all the calls of analysts polled in First Call census. The EPS projection is $0.27 for approaching quarter and for ongoing fiscal at $1.65. The market cap of Ashford Hospitality Prime, Inc. was recorded at $364.14M after the stock closed at $14.05 in last trading day.

What The Valuation Says?

Ashford Hospitality Prime, Inc. (NYSE:AHP) has a P/E ratio of N/A. Investors can weigh how the equity is performing by fuguring Price-to-Earnings Growth ratio.

Ashford Hospitality Prime, Inc. (NYSE:AHP) PEG ratio sits at 0.59.

Technical Perspective

Technical assessment is used to attempt to estimate the price movement of almost any tradable asset that is usually subject to forces of demand and supply, including stocks, futures, currency pairs and bonds. In fact, technical study can be viewed as the analysis of demand and supply forces as seen in the price movements of a stock. It is most frequently applied to price changes, however, some experts may additionally follow numbers in addition to price, such as open interest figures or trading volume.

Over the years, many technical indicators have been advanced by analysts in efforts to accurately estimate future price movements. There are indicators that focuses primarily on recognising the existing market trend, including resistance and support areas, while others focuses on defining the strength of a movement and the probability of its continuation. Frequently used technical indicators are moving averages, momentum indicators and trendlines.

The technical analysis of Ashford Hospitality Prime, Inc. clarifies that the 50-day MA of Ashford Hospitality Prime, Inc. is $14.76, and stock is trading $-0.56 points away or -3.76% from 50-day MA of $14.76. It is trading $0.70 or +5.20% away 200-day MA of $13.50. Ashford Hospitality Prime, Inc. (NYSE:AHP) 52-week high is $17.64 and the 52-week low is $8.37. If the stock gains $-3.44 points, it will top 52-week high. Yet, if it declines +69.65%, it will breach 52-week low.

1 Chart Pattern Every Investor Should Know

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