FBR & Co Increases Ashford Inc (AMEX:AINC) Price Target to $67.00

Ashford Inc (AMEX:AINC) had its target price hoisted by equities researchers at FBR & Co from $63.00 to $67.00 in a report issued on Tuesday. The firm currently has an “outperform” rating on the stock. FBR & Co’s price target suggests a potential upside of 20.87% from the company’s current price.

Ashford (AMEX AINC) opened at 55.43 on Tuesday. The company’s market cap is $111.80 million. The company has a 50-day moving average of $49.65 and a 200-day moving average of $53.20. Ashford has a one year low of $38.10 and a one year high of $62.66.

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Ashford Company Profile

Ashford Inc provides asset management and advisory services to other entities, primarily within the hospitality industry. The Company operates in the segment of asset and investment management, which includes managing the day-to-day operations of Ashford Hospitality Prime, Inc (Ashford Prime) and its subsidiaries.

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