Deutsche Bank Maintains Their Buy Rating on CorePoint Lodging (CPLG)

Deutsche Bank analyst Chris Woronka maintained a Buy rating on CorePoint Lodging (CPLGResearch Report) today and set a price target of $13.00. The company’s shares closed last Wednesday at $13.24.

According to TipRanks.com, Woronka is a 4-star analyst with an average return of 10.7% and a 48.1% success rate. Woronka covers the Financial sector, focusing on stocks such as Summit Hotel Properties, Park Hotels & Resorts, and Host Hotels & Resorts.

Currently, the analyst consensus on CorePoint Lodging is a Moderate Buy with an average price target of $13.00.

See today’s analyst top recommended stocks >>

The company has a one-year high of $11.52 and a one-year low of $4.43. Currently, CorePoint Lodging has an average volume of 180K.

Based on the recent corporate insider activity of 41 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 CPLG 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.

CorePoint Lodging, Inc. operates as a real estate investment trust. It engages in the ownership and operation of midscale and upper-midscale select service hotels. Its portfolio includes hotels across 41 states in attractive locations primarily in or near employment centers, airports, and major travel thoroughfares. The company was founded on May 8, 2017 and is headquartered in Irving, TX.