Sotherly Hotels Inc has a consensus price target of $1.5 based on the ratings of 1 analysts. The high is $1.5 issued by Piper Sandler on September 3, 2024. The low is $1.5 issued by Piper Sandler on September 3, 2024. The 3 most-recent analyst ratings were released by Piper Sandler on September 3, 2024, August 11, 2023, and May 31, 2023, respectively. With an average price target of $1.92 between Piper Sandler, there's an implied 91.28% upside for Sotherly Hotels Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sotherly Hotels (NASDAQ:SOHO) was reported by Piper Sandler on September 3, 2024. The analyst firm set a price target for $1.50 expecting SOHO to rise to within 12 months (a possible 49.70% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Sotherly Hotels (NASDAQ:SOHO) was provided by Piper Sandler, and Sotherly Hotels maintained their neutral rating.
There is no last upgrade for Sotherly Hotels
There is no last downgrade for Sotherly Hotels.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sotherly Hotels, 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 Sotherly Hotels was filed on September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.
While ratings are subjective and will change, the latest Sotherly Hotels (SOHO) rating was a maintained with a price target of $2.00 to $1.50. The current price Sotherly Hotels (SOHO) is trading at is $1.00, which is out of the analyst’s predicted range.
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