Apple Hospitality REIT, Inc. (APLE) Trades at $17.95 Forming Bearish Double Bottom Chart Pattern

June 29, 2018 - By Rebecca Betts

Apple Hospitality REIT, Inc. (APLE) chart shows a double bottom technical setup with $17.05 Target. That’s 5.00 % below today’s $17.95 share price. Apple Hospitality REIT, Inc. (APLE) has $4.14 billion MC. On Jun, 29 the double bottom technical setup was reported by Finviz.com. If our $17.05 Target is hit APLE’s valuation can change by $206.75M.

Ticker’s shares touched $17.95 during the last trading session after 0.61% change.Currently Apple Hospitality REIT, Inc. is uptrending after 1.38% change in last June 29, 2017. APLE has also 1.00 million shares volume. APLE underperformed by 11.19% the S&P500.

Apple Hospitality REIT, Inc. (NYSE:APLE)’s quarterly earnings will be reported on August, 6., according to Faxor. The EPS diference is $0.00 or 0.00 % from last years number. Previous year: $0.51; Analysts forcast: $0.51. If APLE’s EPS is $0.51 the profit will be $117.48 million for 8.80 P/E. After $0.38 EPS report previous quarter, Wall Street now predicts 34.21 % EPS growth of Apple Hospitality REIT, Inc..

Apple Hospitality REIT, Inc. (NYSE:APLE) Ratings Coverage

A total of 3 analysts rate Apple Hospitality REIT (NYSE:APLE) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. The firm has $21.0 highest and $20.0 lowest target. The avg target $20 is 11.42% above the last ($17.95) price. (NYSE:APLE) has 5 ratings reports on Jun 29, 2018 according to StockzIntelligence. In Monday, February 26 report Robert W. Baird maintained it with “Buy” rating and $20.0 target. The stock rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, February 27. The company rating was maintained by Robert W. Baird on Friday, January 12.

A couple more Apple Hospitality REIT, Inc. (NYSE:APLE) news were brought out by: Seekingalpha.com which released on June 28, 2018 “Apple Hospitality REIT: Buy The Drop?”, also Seekingalpha.com on June 11, 2018 brought out “Time To Take Another Bite At Apple Hospitality”, the next Streetinsider.com is “Apple Hospitality REIT (APLE) Announces Acquisition of Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwood …” on June 29, 2018. Businesswire.com has article titled “Apple Hospitality REIT Recognized with 2017 Hilton Top Performer Award”.

Apple Hospitality REIT, Inc. (NYSE:APLE) Analyst Ratings Chart

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