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Summit Hotel Properties Inc (INN) [hlAlert]

Rating:
Buy INN
up 9.89 %

Summit Hotel Properties Inc (INN) rated Buy with price target $14.50 by BB&T Capital Mkts

Posted on: Friday,  Jan 8, 2016  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Summit Hotel Properties Inc (NYSE: INN) on 01/08/2016, when the stock price was $11.02.
Since then, Summit Hotel Properties Inc has gained 9.89% as of 01/22/2016's recent price of $12.11.
If you would have followed this BB&T Capital Mkts's recommendation on INN, you would have gained 9.89% of your investment in 14 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2016 10:25 AM Buy
None
11.02 14.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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