Braemar Hotels & Resorts (BHR) Receives a Buy from Deutsche Bank

Deutsche Bank analyst Chris Woronka maintained a Buy rating on Braemar Hotels & Resorts (BHRResearch Report) today and set a price target of $14.00. The company’s shares closed last Friday at $5.10.

According to TipRanks.com, Woronka is a 4-star analyst with an average return of 9.0% and a 45.0% success rate. Woronka covers the Financial sector, focusing on stocks such as Summit Hotel Properties, Host Hotels & Resorts, and Park Hotels & Resorts.

Currently, the analyst consensus on Braemar Hotels & Resorts is a Moderate Buy with an average price target of $8.50.

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Braemar Hotels & Resorts’ market cap is currently $298.1M and has a P/E ratio of -1.70. The company has a Price to Book ratio of 1.03.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Braemar Hotels & Resorts, Inc. operates as a real estate investment trust which engages in investing services primarily in high RevPAR, luxury, upper-upscale and upscale hotels. Its hotel properties include Hilton La Jolla Torrey Pines, Capital Hilton in Washington DC, Marriott Plano Legacy Town Center, Seattle Marriott Waterfront, Courtyard San Francisco Downtown, Courtyard Seattle Downtown, Courtyard Philadelphia Downtown, and Renaissance Tampa International Plaza. The company was founded By Montgomery Jack Bennett on April 2013 and is headquartered in Dallas, TX.