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Diamondrock Hospitality

DRHNYSE
Logo brought to you by Benzinga Data
$8.33
00.00%
Last update: Jul 26, 4:00 PM
15 minutes delayed
Q2 2024 Earnings in 3 days from now on Thu Aug 1st, after the market close
Conference call scheduled in 4 days at 9:00 AM Click to view the webcast
Consensus Rating1
Equal-Weight
Highest Price Target1
$12.00
Lowest Price Target1
$8.00
Consensus Price Target1
$10.33

Diamondrock Hospitality (NYSE:DRH) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
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0
0
0
Feb
0
0
0
0
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Stifel
Wolfe Research
Wells Fargo
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Diamondrock Hospitality

Buy NowGet Alert
03/14/2024Buy Now31.66%Truist Securities
Patrick Scholes
$10 → $11MaintainsHoldGet Alert
02/23/2024Buy Now25.67%Stifel
Simon Yarmak
$10 → $10.5MaintainsBuyGet Alert
01/10/2024Buy Now31.66%Wolfe Research
Keegan Carl
→ $11Initiates → OutperformGet Alert
12/22/2023Buy Now19.69%Wells Fargo
Dori Kesten
$9 → $10MaintainsEqual-WeightGet Alert
12/08/2023Buy Now7.72%Wells Fargo
Dori Kesten
→ $9DowngradeOverweight → Equal-WeightGet Alert
11/13/2023Buy Now13.7%Wells Fargo
Dori Kesten
$10 → $9.5MaintainsOverweightGet Alert
11/07/2023Buy Now7.72%Morgan Stanley
Stephen Grambling
$8.5 → $9MaintainsEqual-WeightGet Alert
09/15/2023Buy Now19.69%Truist Securities
Patrick Scholes
$11 → $10MaintainsHoldGet Alert
08/25/2023Buy Now1.74%Morgan Stanley
Stephen Grambling
$9 → $8.5MaintainsEqual-WeightGet Alert
07/12/2023Buy Now19.69%Wells Fargo
Dori Kesten
$9 → $10MaintainsOverweightGet Alert
06/27/2023Buy Now7.72%Morgan Stanley
Stephen Grambling
$9 → $9ReiteratesEqual-Weight → Equal-WeightGet Alert
03/30/2023Buy Now7.72%Wells Fargo
Dori Kesten
$10.5 → $9UpgradeEqual-Weight → OverweightGet Alert
03/27/2023Buy Now-4.25%Citigroup
Smedes Rose
$10 → $8MaintainsNeutralGet Alert
02/07/2023Buy Now13.7%Morgan Stanley
Stephen Grambling
$9 → $9.5MaintainsEqual-WeightGet Alert
02/02/2023Buy Now25.67%Wells Fargo
Dori Kesten
$10 → $10.5MaintainsEqual-WeightGet Alert
01/18/2023Buy Now7.72%Morgan Stanley
Stephen Grambling
$10 → $9MaintainsEqual-WeightGet Alert
12/05/2022Buy Now19.69%Morgan Stanley
Stephen Grambling
→ $10Initiates → Equal-WeightGet Alert
10/18/2022Buy NowEvercore ISI Group
Duane Pfenningwerth
UpgradeIn-Line → OutperformGet Alert
08/29/2022Buy Now19.69%Wells Fargo
Dori Kesten
→ $10DowngradeOverweight → Equal-WeightGet Alert
07/11/2022Buy Now19.69%Evercore ISI Group
Duane Pfennigwerth
→ $10Assumes → In-LineGet Alert
07/07/2022Buy Now19.69%Barclays
Anthony Powell
$11 → $10MaintainsOverweightGet Alert
06/01/2022Buy Now31.66%Truist Securities
Patrick Scholes
$9 → $11MaintainsHoldGet Alert
05/18/2022Buy Now43.63%Deutsche Bank
Chris Woronka
$11 → $12MaintainsHoldGet Alert
05/10/2022Buy Now31.66%Morgan Stanley
Thomas Allen
$10 → $11MaintainsEqual-WeightGet Alert
04/06/2022Buy Now31.66%Goldman Sachs
Stephen Grambling
$10 → $11MaintainsSellGet Alert
03/10/2022Buy Now31.66%Wells Fargo
Dori Kesten
$10.5 → $11MaintainsOverweightGet Alert
01/10/2022Buy NowRaymond James
William Crow
DowngradeOutperform → Market PerformGet Alert
10/19/2021Buy NowEvercore ISI Group
Rich Hightower
UpgradeUnderperform → In-LineGet Alert
10/18/2021Buy Now25.67%Wells Fargo
Dori Kesten
MaintainsOverweightGet Alert
08/17/2021Buy NowTruist Securities
Patrick Scholes
UpgradeSell → HoldGet Alert
08/13/2021Buy Now25.67%Raymond JamesMaintainsOutperformGet Alert

FAQ

Q

What is the target price for Diamondrock Hospitality (DRH) stock?

A

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.

Q

What is the most recent analyst rating for Diamondrock Hospitality (DRH)?

A

The latest analyst rating for Diamondrock Hospitality (NYSE:DRH) was provided by Truist Securities, and Diamondrock Hospitality maintained their hold rating.

Q

When was the last upgrade for Diamondrock Hospitality (DRH)?

A

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.

Q

When was the last downgrade for Diamondrock Hospitality (DRH)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Diamondrock Hospitality (DRH)?

A

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.

Q

Is the Analyst Rating Diamondrock Hospitality (DRH) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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