How Does Chatham Lodging Trust (CLDT) Stock Rank on Wall Street Friday?

Wall Street is positive on Chatham Lodging Trust (CLDT). On average, analysts give CLDT a Strong Buy rating. The average price target is $16.875, which means analysts expect the stock to increase by 17.92% over the next twelve months. That average ranking earns CLDT an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.

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

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Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Chatham Lodging Trust Stock Today?

Chatham Lodging Trust (CLDT) stock is higher by 2.14% while the S&P 500 has fallen -1.99% as of 1:41 PM on Friday, Apr 22. CLDT has gained $0.30 from the previous closing price of $14.01 on volume of 258,553 shares. Over the past year the S&P 500 is up 4.14% while CLDT has gained 8.08%. CLDT lost -$0.46 per share the over the last 12 months. Click Here to get the full Stock Report for Chatham Lodging Trust stock.