Do analysts agree on the target price for Sunstone Hotel Investors Inc (SHO) stock on Monday?
InvestorsObserver gives Sunstone Hotel Investors Inc (SHO) an analyst rating of 4, meaning SHO is rated higher by analysts than 4% of stocks. The average price target for SHO is $12.111 and the analyst rates the stock as a Hold.
Why are analyst ratings important?
A company’s financial statements are an important factor weighted by experts when analyzing a company’s health. Beyond the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shut down supply chains, causing consumption to change at worldwide. This knowledge allows investors to react to potential market changes before they are revealed in a quarterly announcement.
InvestorsObserver averages the ratings of all these analysts and ranks these averages into percentiles. This allows you to compare stocks in more detail than the usual five-level system used by the majority of investors.
What’s going on with Sunstone Hotel Investors Inc stock today?
Sunstone Hotel Investors Inc (SHO) stock is down -0.57% while the S&P 500 is up 0.32% at 11:06 a.m. Monday, May 2. SHO is down -$0.07 from the previous closing price of $12.25 on volume of 1,839,478 shares. Over the past year, the S&P 500 has fallen -1.14% while the SHO is down -8.21%. SHO has earned $0.06 per share over the past 12 months, giving it a price-to-earnings ratio of 194.17. Click here for the full Sunstone Hotel Investors Inc stock report.
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