Braemar Hotels & Resorts Inc (BHR) stock price forecast predicts $9.83 value

At the time of writing, Braemar Hotels & Resorts Inc [BHR] stock is trading at $3.12, up 5.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The BHR shares have gain 9.09% over the last week, with a monthly amount glided 1.63%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Braemar Hotels & Resorts Inc [NYSE: BHR] stock has seen the most recent analyst activity on August 14, 2023, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $3.50 from $7. Previously, Oppenheimer downgraded its rating to Perform on July 20, 2023. On April 22, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $9 on the stock. B. Riley FBR downgraded its rating to a Neutral but stick to its price target of $4.50 on June 05, 2020. DA Davidson downgraded its rating to a Neutral. B. Riley FBR upgraded its rating to Buy for this stock on July 10, 2019, and downed its price target to $13. In a note dated May 01, 2019, B. Riley FBR downgraded an Neutral rating on this stock but restated the target price of $14.

For the past year, the stock price of Braemar Hotels & Resorts Inc fluctuated between $1.79 and $3.95. Currently, Wall Street analysts expect the stock to reach $9.83 within the next 12 months. Braemar Hotels & Resorts Inc [NYSE: BHR] shares were valued at $3.12 at the most recent close of the market. An investor can expect a potential return of 215.06% based on the average BHR price forecast.

Analyzing the BHR fundamentals

According to Braemar Hotels & Resorts Inc [NYSE:BHR], the company’s sales were 732.60M for trailing twelve months, which represents an -7.14% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.93 points at the first support level, and at 2.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.24, and for the 2nd resistance point, it is at 3.35.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.75.

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