Barclays (LON:BARC) analyst Anthony Powell maintained a Buy rating on Diamondrock (NYSE:DRH) on Friday, setting a price target of $9, which is approximately 9.36% above the present share price of $8.23.
Powell expects Diamondrock to post earnings per share (EPS) of -$0.40 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Diamondrock, with an average price target of $6.38.
The analysts price targets range from a high of $10 to a low of $4.5.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $50.07 million and a net profit of -$61.8 million. The company's market cap is $1.74 billion.
According to TipRanks.com, Barclays analyst Anthony Powell is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.2% and a 51.69% success rate.
DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. It engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams (NYSE:WMB) in July 2004 and is headquartered in Bethesda, MD.