Diamondrock Hospitality Co has a consensus price target of $10.33 based on the ratings of 15 analysts. The high is $12 issued by Deutsche Bank on May 18, 2022. The low is $8 issued by Citigroup on March 27, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Stifel, and Wolfe Research on March 14, 2024, February 23, 2024, and January 10, 2024, respectively. With an average price target of $10.83 between Truist Securities, Stifel, and Wolfe Research, there's an implied 29.66% upside for Diamondrock Hospitality Co from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/14/2024 | Buy Now | 31.66% | Truist Securities | Patrick Scholes | $10 → $11 | Maintains | Hold | Get Alert |
02/23/2024 | Buy Now | 25.67% | Stifel | Simon Yarmak | $10 → $10.5 | Maintains | Buy | Get Alert |
01/10/2024 | Buy Now | 31.66% | Wolfe Research | Keegan Carl | → $11 | Initiates | → Outperform | Get Alert |
12/22/2023 | Buy Now | 19.69% | Wells Fargo | Dori Kesten | $9 → $10 | Maintains | Equal-Weight | Get Alert |
12/08/2023 | Buy Now | 7.72% | Wells Fargo | Dori Kesten | → $9 | Downgrade | Overweight → Equal-Weight | Get Alert |
11/13/2023 | Buy Now | 13.7% | Wells Fargo | Dori Kesten | $10 → $9.5 | Maintains | Overweight | Get Alert |
11/07/2023 | Buy Now | 7.72% | Morgan Stanley | Stephen Grambling | $8.5 → $9 | Maintains | Equal-Weight | Get Alert |
09/15/2023 | Buy Now | 19.69% | Truist Securities | Patrick Scholes | $11 → $10 | Maintains | Hold | Get Alert |
08/25/2023 | Buy Now | 1.74% | Morgan Stanley | Stephen Grambling | $9 → $8.5 | Maintains | Equal-Weight | Get Alert |
07/12/2023 | Buy Now | 19.69% | Wells Fargo | Dori Kesten | $9 → $10 | Maintains | Overweight | Get Alert |
06/27/2023 | Buy Now | 7.72% | Morgan Stanley | Stephen Grambling | $9 → $9 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
03/30/2023 | Buy Now | 7.72% | Wells Fargo | Dori Kesten | $10.5 → $9 | Upgrade | Equal-Weight → Overweight | Get Alert |
03/27/2023 | Buy Now | -4.25% | Citigroup | Smedes Rose | $10 → $8 | Maintains | Neutral | Get Alert |
02/07/2023 | Buy Now | 13.7% | Morgan Stanley | Stephen Grambling | $9 → $9.5 | Maintains | Equal-Weight | Get Alert |
02/02/2023 | Buy Now | 25.67% | Wells Fargo | Dori Kesten | $10 → $10.5 | Maintains | Equal-Weight | Get Alert |
01/18/2023 | Buy Now | 7.72% | Morgan Stanley | Stephen Grambling | $10 → $9 | Maintains | Equal-Weight | Get Alert |
12/05/2022 | Buy Now | 19.69% | Morgan Stanley | Stephen Grambling | → $10 | Initiates | → Equal-Weight | Get Alert |
10/18/2022 | Buy Now | — | Evercore ISI Group | Duane Pfenningwerth | — | Upgrade | In-Line → Outperform | Get Alert |
08/29/2022 | Buy Now | 19.69% | Wells Fargo | Dori Kesten | → $10 | Downgrade | Overweight → Equal-Weight | Get Alert |
07/11/2022 | Buy Now | 19.69% | Evercore ISI Group | Duane Pfennigwerth | → $10 | Assumes | → In-Line | Get Alert |
07/07/2022 | Buy Now | 19.69% | Barclays | Anthony Powell | $11 → $10 | Maintains | Overweight | Get Alert |
06/01/2022 | Buy Now | 31.66% | Truist Securities | Patrick Scholes | $9 → $11 | Maintains | Hold | Get Alert |
05/18/2022 | Buy Now | 43.63% | Deutsche Bank | Chris Woronka | $11 → $12 | Maintains | Hold | Get Alert |
05/10/2022 | Buy Now | 31.66% | Morgan Stanley | Thomas Allen | $10 → $11 | Maintains | Equal-Weight | Get Alert |
04/06/2022 | Buy Now | 31.66% | Goldman Sachs | Stephen Grambling | $10 → $11 | Maintains | Sell | Get Alert |
03/10/2022 | Buy Now | 31.66% | Wells Fargo | Dori Kesten | $10.5 → $11 | Maintains | Overweight | Get Alert |
01/10/2022 | Buy Now | — | Raymond James | William Crow | — | Downgrade | Outperform → Market Perform | Get Alert |
10/19/2021 | Buy Now | — | Evercore ISI Group | Rich Hightower | — | Upgrade | Underperform → In-Line | Get Alert |
10/18/2021 | Buy Now | 25.67% | Wells Fargo | Dori Kesten | — | Maintains | Overweight | Get Alert |
08/17/2021 | Buy Now | — | Truist Securities | Patrick Scholes | — | Upgrade | Sell → Hold | Get Alert |
08/13/2021 | Buy Now | 25.67% | Raymond James | — | — | Maintains | Outperform | Get Alert |
The latest price target for Diamondrock Hospitality (NYSE:DRH) was reported by Truist Securities on March 14, 2024. The analyst firm set a price target for $11.00 expecting DRH to rise to within 12 months (a possible 32.05% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Diamondrock Hospitality (NYSE:DRH) was provided by Truist Securities, and Diamondrock Hospitality maintained their hold rating.
The last upgrade for Diamondrock Hospitality Co happened on March 30, 2023 when Wells Fargo raised their price target to $9. Wells Fargo previously had an equal-weight for Diamondrock Hospitality Co.
The last downgrade for Diamondrock Hospitality Co happened on December 8, 2023 when Wells Fargo changed their price target from N/A to $9 for Diamondrock Hospitality Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Diamondrock Hospitality, 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 Diamondrock Hospitality was filed on March 14, 2024 so you should expect the next rating to be made available sometime around March 14, 2025.
While ratings are subjective and will change, the latest Diamondrock Hospitality (DRH) rating was a maintained with a price target of $10.00 to $11.00. The current price Diamondrock Hospitality (DRH) is trading at is $8.33, which is out of the analyst’s predicted range.
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