Ryman Hospitality Properties (NYSE:RHP) had its price target upped by equities research analysts at Deutsche Bank from $94.00 to $98.00 in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Deutsche Bank’s price objective would suggest a potential upside of 23.64% from the stock’s current price.
RHP has been the subject of a number of other research reports. Zacks Investment Research cut shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, January 29th. ValuEngine cut shares of Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. SunTrust Banks reissued a “hold” rating and issued a $76.00 target price on shares of Ryman Hospitality Properties in a research report on Thursday, November 22nd. Finally, Raymond James raised shares of Ryman Hospitality Properties from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 8th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $91.80.
NYSE:RHP opened at $79.26 on Monday. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 14.26, a P/E/G ratio of 1.60 and a beta of 1.35. Ryman Hospitality Properties has a one year low of $64.36 and a one year high of $90.02. The company has a debt-to-equity ratio of 4.74, a quick ratio of 1.23 and a current ratio of 1.23.
About Ryman Hospitality Properties
Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.
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