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RLJ Lodging Trust has a consensus price target of $12.2 based on the ratings of 11 analysts. The high is $16 issued by Keybanc on June 28, 2022. The low is $9 issued by Wells Fargo on September 13, 2024. The 3 most-recent analyst ratings were released by Oppenheimer, Truist Securities, and Wells Fargo on November 12, 2024, October 28, 2024, and September 13, 2024, respectively. With an average price target of $10.67 between Oppenheimer, Truist Securities, and Wells Fargo, there's an implied 7.64% upside for RLJ Lodging Trust from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for RLJ Lodging (NYSE:RLJ) was reported by Oppenheimer on November 12, 2024. The analyst firm set a price target for $12.00 expecting RLJ to rise to within 12 months (a possible 21.09% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for RLJ Lodging (NYSE:RLJ) was provided by Oppenheimer, and RLJ Lodging maintained their outperform rating.
The last upgrade for RLJ Lodging Trust happened on November 28, 2023 when Oppenheimer raised their price target to $13. Oppenheimer previously had a perform for RLJ Lodging Trust.
The last downgrade for RLJ Lodging Trust happened on September 26, 2024 when Wolfe Research changed their price target from N/A to N/A for RLJ Lodging Trust.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RLJ 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 RLJ Lodging was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest RLJ Lodging (RLJ) rating was a maintained with a price target of $11.00 to $12.00. The current price RLJ Lodging (RLJ) is trading at is $9.91, which is out of the analyst’s predicted range.
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