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Summit Hotel Properties Inc (INN) [hlAlert]

Rating:
Buy INN
up 16.89 %

Summit Hotel Properties Inc (INN) rated Buy with price target $11.50 by Deutsche Bank

Posted on: Thursday,  May 16, 2013  2:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Summit Hotel Properties Inc (NYSE: INN) on 05/16/2013, when the stock price was $10.36.
Since then, Summit Hotel Properties Inc has gained 16.89% as of 01/22/2016's recent price of $12.11.
If you would have followed this Deutsche Bank's recommendation on INN, you would have gained 16.89% of your investment in 981 days.

Summit Hotel Properties, Inc. is a self-managed hotel investment company. On December 31, 2010, the majority of its hotels operate under franchise brands owned by Marriott International, Inc. (Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn by Marriott and TownePlace Suites by Marriott), Hilton Worldwide (Hampton Inn, Hampton Inn & Suites and Hilton Garden Inn), IHG (Holiday Inn Express and Staybridge Suites) and an affiliate of Hyatt Hotels Corporation (Hyatt Place). Its franchise mix, by total number of rooms, consists of Marriott (2,754 rooms or 42%), Hilton Worldwide (1,331 rooms or 20%), IHG (639 rooms or 10%), Hyatt Hotels and Resorts (556 rooms or 9%) and others (1,253 rooms or 19%). Substantially all of its assets will be held by, and all of its operations will be conducted through, its operating partnership, Summit Hotel OP, LP.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/16/2013 2:25 PM Buy
None
10.36 11.50
as of 12/13/2013
1 Week down  -3.47 %
1 Month down  -2.82 %
3 Months down  -5.49 %
1 YTD down  -16.98 %

(*) Stock Price at the time of the recommendation.
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