Zacks: Ashford Inc. (AINC) Given $91.00 Consensus Target Price by Brokerages

Shares of Ashford Inc. (NASDAQ:AINC) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating. Ashford’s rating score has improved by 66.7% from three months ago as a result of various analysts’ upgrades and downgrades.

Analysts have set a twelve-month consensus price objective of $91.00 for the company and are anticipating that the company will post $0.65 EPS for the current quarter, according to Zacks. Zacks has also assigned Ashford an industry rank of 101 out of 255 based on the ratings given to its competitors.

Separately, B. Riley upgraded Ashford from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $95.00 to $91.00 in a research note on Thursday, October 11th.



AINC stock opened at $58.25 on Tuesday. Ashford has a 1-year low of $53.00 and a 1-year high of $111.00.

Ashford (NASDAQ:AINC) last posted its quarterly earnings results on Thursday, August 9th. The company reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.46. The business had revenue of $54.81 million during the quarter, compared to analysts’ expectations of $42.08 million.

Ashford Company Profile

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas.

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