Chatham Lodging Trust has a consensus price target of $13.67 based on the ratings of 3 analysts. The high is $15 issued by B. Riley Securities on May 8, 2023. The low is $12 issued by Barclays on April 17, 2024. The 3 most-recent analyst ratings were released by Barclays, Barclays, and Oppenheimer on April 17, 2024, July 27, 2023, and July 20, 2023, respectively. With an average price target of $13.33 between Barclays, Barclays, and Oppenheimer, there's an implied 50.49% upside for Chatham Lodging Trust from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chatham Lodging (NYSE:CLDT) was reported by Barclays on April 17, 2024. The analyst firm set a price target for $12.00 expecting CLDT to rise to within 12 months (a possible 35.44% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Chatham Lodging (NYSE:CLDT) was provided by Barclays, and Chatham Lodging maintained their overweight rating.
There is no last upgrade for Chatham Lodging
The last downgrade for Chatham Lodging Trust happened on July 20, 2023 when Oppenheimer changed their price target from N/A to $14 for Chatham Lodging Trust.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chatham Lodging, 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 Chatham Lodging was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
While ratings are subjective and will change, the latest Chatham Lodging (CLDT) rating was a maintained with a price target of $13.00 to $12.00. The current price Chatham Lodging (CLDT) is trading at is $8.86, which is out of the analyst’s predicted range.
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