Braemar Hotels & Resorts Inc has a consensus price target of $9.25 based on the ratings of 3 analysts. The high is $16 issued by Deutsche Bank on October 25, 2022. The low is $2.5 issued by B. Riley Securities on March 18, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, B. Riley Securities, and Oppenheimer on March 18, 2024, August 14, 2023, and July 5, 2023, respectively. With an average price target of $3.67 between B. Riley Securities, B. Riley Securities, and Oppenheimer, there's an implied 12.13% upside for Braemar Hotels & Resorts Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Braemar Hotels & Resorts (NYSE:BHR) was reported by B. Riley Securities on March 18, 2024. The analyst firm set a price target for $2.50 expecting BHR to fall to within 12 months (a possible -23.55% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Braemar Hotels & Resorts (NYSE:BHR) was provided by B. Riley Securities, and Braemar Hotels & Resorts maintained their neutral rating.
There is no last upgrade for Braemar Hotels & Resorts
The last downgrade for Braemar Hotels & Resorts Inc happened on August 14, 2023 when B. Riley Securities changed their price target from $7 to $3.5 for Braemar Hotels & Resorts Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Braemar Hotels & Resorts, 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 Braemar Hotels & Resorts was filed on March 18, 2024 so you should expect the next rating to be made available sometime around March 18, 2025.
While ratings are subjective and will change, the latest Braemar Hotels & Resorts (BHR) rating was a maintained with a price target of $3.00 to $2.50. The current price Braemar Hotels & Resorts (BHR) is trading at is $3.27, which is out of the analyst’s predicted range.
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