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Apple Hospitality REIT

APLENYSE
Logo brought to you by Benzinga Data
$14.34
0.060.42%
Last update: 3:15 PM
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$20.00
Lowest Price Target1
$15.00
Consensus Price Target1
$17.50

Apple Hospitality REIT (NYSE:APLE) Stock, Analyst Ratings, Price Targets, Forecasts

Apple Hospitality REIT Inc has a consensus price target of $17.5 based on the ratings of 7 analysts. The high is $20 issued by Barclays on July 5, 2023. The low is $15 issued by Wells Fargo on September 13, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Oppenheimer, and B of A Securities on September 13, 2024, August 12, 2024, and January 8, 2024, respectively. With an average price target of $16.67 between Wells Fargo, Oppenheimer, and B of A Securities, there's an implied 16.23% upside for Apple Hospitality REIT Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Oppenheimer
B of A Securities
B. Riley Securities
Barclays

1calculated from analyst ratings

Analyst Ratings for Apple Hospitality REIT

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Apple Hospitality REIT (APLE) stock?

A

The latest price target for Apple Hospitality REIT (NYSE:APLE) was reported by Wells Fargo on September 13, 2024. The analyst firm set a price target for $15.00 expecting APLE to rise to within 12 months (a possible 4.60% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Apple Hospitality REIT (APLE)?

A

The latest analyst rating for Apple Hospitality REIT (NYSE:APLE) was provided by Wells Fargo, and Apple Hospitality REIT maintained their equal-weight rating.

Q

When was the last upgrade for Apple Hospitality REIT (APLE)?

A

The last upgrade for Apple Hospitality REIT Inc happened on March 30, 2023 when Wells Fargo raised their price target to $17. Wells Fargo previously had an equal-weight for Apple Hospitality REIT Inc.

Q

When was the last downgrade for Apple Hospitality REIT (APLE)?

A

The last downgrade for Apple Hospitality REIT Inc happened on January 8, 2024 when B of A Securities changed their price target from $19 to $18 for Apple Hospitality REIT Inc.

Q

When is the next analyst rating going to be posted or updated for Apple Hospitality REIT (APLE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Apple Hospitality REIT, 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 Apple Hospitality REIT was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.

Q

Is the Analyst Rating Apple Hospitality REIT (APLE) correct?

A

While ratings are subjective and will change, the latest Apple Hospitality REIT (APLE) rating was a maintained with a price target of $16.00 to $15.00. The current price Apple Hospitality REIT (APLE) is trading at is $14.34, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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