Morgan Stanley has revised its outlook on Xenia Hotels (XHR, Financial), reducing the price target from $11 to $9. The investment firm maintains an Underweight rating on the company's shares. This adjustment is part of a broader reassessment of lodging and timeshare stocks, which the firm attributes to weaker demand signals and adjustments in valuation multiples.
The decision highlights a cautious stance towards the hospitality sector, which is seeing shifts in market dynamics. Investors are advised to consider these factors when evaluating their positions in Xenia Hotels and similar stocks. The firm's analysis suggests careful consideration of market trends impacting the sector's performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Xenia Hotels & Resorts Inc (XHR, Financial) is $12.50 with a high estimate of $16.00 and a low estimate of $9.00. The average target implies an upside of 26.39% from the current price of $9.89. More detailed estimate data can be found on the Xenia Hotels & Resorts Inc (XHR) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Xenia Hotels & Resorts Inc's (XHR, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Xenia Hotels & Resorts Inc (XHR, Financial) in one year is $15.77, suggesting a upside of 59.45% from the current price of $9.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Xenia Hotels & Resorts Inc (XHR) Summary page.
