Condor Hospitality Trust, Inc. (CDOR) Given $11.63 Average Target Price by Brokerages

Condor Hospitality Trust, Inc. (NASDAQ:CDOR) has been assigned an average broker rating score of 1.80 (Buy) from the five brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

Analysts have set a 12 month consensus target price of $11.63 for the company and are predicting that the company will post $0.26 earnings per share for the current quarter, according to Zacks. Zacks has also given Condor Hospitality Trust an industry rank of 138 out of 255 based on the ratings given to its competitors.

Separately, DA Davidson restated a “buy” rating on shares of Condor Hospitality Trust in a report on Tuesday, March 12th.

Shares of NASDAQ CDOR opened at $8.30 on Friday. Condor Hospitality Trust has a 1-year low of $6.10 and a 1-year high of $11.32.

About Condor Hospitality Trust

Condor Hospitality Trust, Inc (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (“MSAs”) with a particular focus on the top 20 to 60 MSAs.

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