| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 01/12/2023 | 4.58% | Baird | $10 → $8 | Downgrades | Outperform → Neutral |
| 10/25/2022 | 43.79% | Deutsche Bank | $14 → $11 | Maintains | Buy |
| 09/15/2022 | 30.72% | Capital One | $14 → $10 | Downgrades | Overweight → Equal-Weight |
| 07/14/2022 | — | Keybanc | Downgrades | Overweight → Sector Weight | |
| 01/13/2022 | 56.86% | Keybanc | $11 → $12 | Maintains | Overweight |
| 09/27/2021 | 43.79% | B of A Securities | $12 → $11 | Downgrades | Buy → Underperform |
| 08/13/2021 | 37.25% | Raymond James | $11.5 → $10.5 | Maintains | Outperform |
| 02/26/2021 | 50.33% | Raymond James | $9.5 → $11.5 | Maintains | Outperform |
| 11/23/2020 | 24.18% | Raymond James | $7.5 → $9.5 | Maintains | Outperform |
| 07/14/2020 | -1.96% | Raymond James | $9 → $7.5 | Maintains | Outperform |
| 06/08/2020 | 17.65% | Raymond James | $6 → $9 | Maintains | Outperform |
| 05/13/2020 | -8.5% | Baird | $8 → $7 | Maintains | Outperform |
| 04/30/2020 | 4.58% | Keybanc | $13 → $8 | Maintains | Overweight |
| 01/13/2020 | — | Capital One | Upgrades | Equal-Weight → Overweight | |
| 01/07/2019 | — | B of A Securities | Downgrades | Neutral → Underperform | |
| 11/01/2018 | 83.01% | Deutsche Bank | $16 → $14 | Maintains | Buy |
| 11/01/2018 | 76.47% | Raymond James | $16 → $13.5 | Maintains | Outperform |
| 04/12/2018 | — | B of A Securities | Upgrades | Underperform → Buy | |
| 02/26/2018 | 109.15% | Deutsche Bank | $17 → $16 | Maintains | Buy |
What is the target price for Summit Hotel Properties (INN)?
The latest price target for Summit Hotel Properties (NYSE: INN) was reported by Baird on January 12, 2023. The analyst firm set a price target for $8.00 expecting INN to rise to within 12 months (a possible 4.58% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Summit Hotel Properties (INN)?
The latest analyst rating for Summit Hotel Properties (NYSE: INN) was provided by Baird, and Summit Hotel Properties downgraded their neutral rating.
When is the next analyst rating going to be posted or updated for Summit Hotel Properties (INN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit Hotel Properties, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Summit Hotel Properties was filed on January 12, 2023 so you should expect the next rating to be made available sometime around January 12, 2024.
Is the Analyst Rating Summit Hotel Properties (INN) correct?
While ratings are subjective and will change, the latest Summit Hotel Properties (INN) rating was a downgraded with a price target of $10.00 to $8.00. The current price Summit Hotel Properties (INN) is trading at is $7.65, which is out of the analyst's predicted range.