Target Hospitality Corp. (NASDAQ:TH - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 424,909 shares traded hands during trading, an increase of 0% from the previous session's volume of 424,614 shares.The stock last traded at $10.99 and had previously closed at $10.71.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on TH. Oppenheimer restated a "market perform" rating on shares of Target Hospitality in a report on Thursday, November 14th. Northland Securities upped their price objective on shares of Target Hospitality from $9.00 to $11.00 and gave the company a "market perform" rating in a report on Wednesday, November 13th.
Get Our Latest Analysis on Target Hospitality
Target Hospitality Price Performance
The business has a fifty day moving average of $9.12 and a 200 day moving average of $8.94. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 1.79 and a beta of 2.07.
Institutional Trading of Target Hospitality
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC acquired a new stake in shares of Target Hospitality during the third quarter valued at about $87,000. SG Americas Securities LLC purchased a new stake in Target Hospitality in the third quarter valued at approximately $108,000. The Manufacturers Life Insurance Company raised its position in Target Hospitality by 11.9% in the second quarter. The Manufacturers Life Insurance Company now owns 14,480 shares of the company's stock valued at $126,000 after purchasing an additional 1,540 shares during the period. Creative Planning acquired a new position in Target Hospitality during the third quarter worth $145,000. Finally, Victory Capital Management Inc. boosted its position in shares of Target Hospitality by 48.5% during the third quarter. Victory Capital Management Inc. now owns 37,504 shares of the company's stock worth $292,000 after buying an additional 12,242 shares during the period. 32.40% of the stock is currently owned by hedge funds and other institutional investors.
Target Hospitality Company Profile
(
Get Free Report)
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.
Featured Stories
Before you consider Target Hospitality, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target Hospitality wasn't on the list.
While Target Hospitality currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
