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Diamondrock Hospitality Co (DRH) Stock: Do Analysts Think You Should Hold?

Wednesday, September 06, 2023 03:21 PM | InvestorsObserver Analysts

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Diamondrock Hospitality Co (DRH) Stock: Do Analysts Think You Should Hold?

InvestorsObserver is giving Diamondrock Hospitality Co (DRH) an Analyst Rating Rank of 20, meaning DRH is ranked higher by analysts than 20% of stocks. The average price target for DRH is $9.5 and analyst’s rate the stock as a Buy.

Overall Score - 3.5
Wall Street analysts are rating DRH a Buy today. Find out what this means to you and get the rest of the rankings on DRH!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Diamondrock Hospitality Co Stock Today?

Diamondrock Hospitality Co (DRH) stock is trading at $7.94 as of 3:18 PM on Wednesday, Sep 6, a drop of -$0.05, or -0.56% from the previous closing price of $7.99. The stock has traded between $7.93 and $8.04 so far today. Volume today is less active than usual. So far 986,242 shares have traded compared to average volume of 2,288,227 shares. Click Here to get the full Stock Report for Diamondrock Hospitality Co stock.

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