Do Analysts Expect Sotherly Hotels Inc (SOHO) Stock to Rise After It Has Risen 40.31% in a Month?

InvestorsObserver is giving Sotherly Hotels Inc (SOHO) an Analyst Rating Rank of 5, meaning SOHO is ranked higher by analysts than 5% of stocks. The average price target for SOHO is $2 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating SOHO a Hold today. Find out what this means to you and get the rest of the rankings on SOHO!

See Full SOHO Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Sotherly Hotels Inc Stock Today?

Sotherly Hotels Inc (SOHO) stock is trading at $2.75 as of 1:24 PM on Tuesday, Aug 16, a rise of $0.26, or 10.47% from the previous closing price of $2.49. The stock has traded between $2.50 and $2.84 so far today. Volume today is high. So far 362,929 shares have traded compared to average volume of 62,098 shares. Click Here to get the full Stock Report for Sotherly Hotels Inc stock.