American Hotel Income Properties REIT (HOT.UN) PT Lowered to C$7.50 at National Bank Financial

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American Hotel Income Properties REIT (TSE:HOT.UN) had its price objective lowered by National Bank Financial from C$8.25 to C$7.50 in a report released on Thursday morning. National Bank Financial currently has a sector perform rating on the stock.

Other analysts have also issued research reports about the company. CIBC decreased their price objective on American Hotel Income Properties REIT from C$7.25 to C$6.50 in a research note on Thursday. Canaccord Genuity reaffirmed a buy rating and set a C$9.25 price objective on shares of American Hotel Income Properties REIT in a research note on Thursday, November 8th. TD Securities reaffirmed a buy rating and set a C$6.50 price objective on shares of American Hotel Income Properties REIT in a research note on Monday, January 7th. BMO Capital Markets decreased their price objective on American Hotel Income Properties REIT from C$10.31 to C$8.65 and set an outperform rating on the stock in a research note on Thursday, November 22nd. Finally, Royal Bank of Canada decreased their price objective on American Hotel Income Properties REIT from C$9.64 to C$7.98 and set a sector perform rating on the stock in a research note on Monday, November 19th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. American Hotel Income Properties REIT has an average rating of Hold and a consensus target price of C$7.55.

HOT.UN opened at C$6.64 on Thursday. American Hotel Income Properties REIT has a 52 week low of C$7.52 and a 52 week high of C$10.92.

The firm also recently declared a monthly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 15th will be paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 9.76%. The ex-dividend date is Wednesday, February 27th.

About American Hotel Income Properties REIT

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 113 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.

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Analyst Recommendations for American Hotel Income Properties REIT (TSE:HOT.UN)

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