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Ashford Hospitality Trust Inc (AHT) [hlAlert]

Rating:
Buy AHT
up 33.50 %

Ashford Hospitality Trust Inc (AHT) rated Buy with price target $6 by Davenport

Posted on: Friday,  Aug 8, 2008  11:25 AM ET by Davenport

Davenport rated Buy Ashford Hospitality Trust Inc (NYSE: AHT) on 08/08/2008. Previously Davenport rated Buy Ashford Hospitality Trust Inc (NYSE: AHT) on
05/02/2008., when the stock price was $5.91. Since then, Ashford Hospitality Trust Inc has gained 33.50% as of 01/27/2016's recent price of $7.89.
If you would have followed the previous Davenport's recommendation on AHT, you would have gained 33.5% of your investment in 2826 days.

Ashford Hospitality Trust, Inc. is a self-advised real estate investment trust (REIT). The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership, its operating partnership. Ashford OP General Partner LLC, a wholly owned subsidiary of the Company, serves as the sole general partner of the operating partnership. The Company operates in two business segments within the hotel lodging industry: direct hotel investments and hotel financing. As of December 31, 2008, it owned 97 hotel properties directly and six hotel properties through equity investments with joint venture partners, which represented 23,255 total rooms (22,913 net rooms) excluding those attributable to joint venture partners. The Company?s hotels are operated under the brands of Crown Plaza, Hilton, Hyatt, Marriott, Sheraton and Westin. All these hotels are located in the United States.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2008 11:25 AM Buy
None
4.01 6.00
as of 12/24/2008
1 Week up  4.85 %
1 Month up  83.68 %
3 Months up  72.66 %
1 YTD down  -35.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2008 12:25 PM Buy
None
5.91 8.00

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