RLJ Lodging Trust (RLJ) Stock Forecast & Price Target

$9.30

-0.13 (-1.38%)

(As of 09/18/2024 ET)

RLJ Lodging Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 8 Analyst Ratings

Based on 8 Wall Street analysts who have issued ratings for RLJ Lodging Trust in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 2 have given a sell rating, 2 have given a hold rating, and 4 have given a buy rating for RLJ.

Consensus Price Target

$12.25
31.79% Upside

High Forecast	$15.00
Average Forecast	$12.25
Low Forecast	$9.00

According to the 8 analysts' twelve-month price targets for RLJ Lodging Trust, the average price target is $12.25. The highest price target for RLJ is $15.00, while the lowest price target for RLJ is $9.00. The average price target represents a forecasted upside of 31.79% from the current price of $9.30.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Hold	Hold	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$12.25	$12.69	$13.58	$14.29
Forecasted Upside	31.79% Upside	18.77% Upside	22.21% Upside	33.91% Upside

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RLJ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RLJ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

RLJ Lodging Trust Stock vs. The Competition

Type	RLJ Lodging Trust	Finance Companies	S&P 500
Consensus Rating Score	2.25	2.47	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	31.79% Upside	13.79% Upside	7.94% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	Wells Fargo & Company 3 of 5 stars	D. Kesten Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Equal Weight ➝ Underweight	$11.00 ➝ $9.00	-0.11%
8/5/2024	Compass Point 5 of 5 stars	F. Van. Dijkum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$18.00 ➝ $10.00	+8.46%
7/22/2024	Bank of America 4 of 5 stars		Lower Target	Underperform ➝ Underperform	$12.00 ➝ $10.00	+4.71%
6/11/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$13.00 ➝ $12.00	+23.33%
2/29/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$14.00 ➝ $15.00	+26.58%
1/10/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$15.00	+29.87%
12/22/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$13.00 ➝ $14.00	+16.86%
9/28/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$14.00 ➝ $13.00	+33.47%
12/7/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$16.00 ➝ $14.00	+22.38%
10/25/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$17.00 ➝ $15.00	+29.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:29 AM ET.

RLJ Forecast - Frequently Asked Questions

What is RLJ Lodging Trust's forecast for 2024?: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for RLJ Lodging Trust is $12.25, with a high forecast of $15.00 and a low forecast of $9.00.
Should I buy or sell RLJ Lodging Trust stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RLJ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RLJ, but not buy additional shares or sell existing shares.
Does RLJ Lodging Trust's stock price have much upside?: According to analysts, RLJ Lodging Trust's stock has a predicted upside of 18.60% based on their 12-month stock forecasts.
Has RLJ Lodging Trust been downgraded by Wall Street analysts recently?: Over the previous 90 days, RLJ Lodging Trust's stock had 2 downgrades by analysts.
What analysts cover RLJ Lodging Trust?: RLJ Lodging Trust has been rated by research analysts at Bank of America, Compass Point, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like RLJ Lodging Trust more than its competitors?: Analysts like RLJ Lodging Trust less than other "finance" companies. The consensus rating score for RLJ Lodging Trust is 2.25 while the average consensus rating score for "finance" companies is 2.47. Learn more on how RLJ compares to other companies.