Good evening all. I hope everyone had a festive and restful Xmas ;)
My AHT SP target leading into results in March 2006 is between 198p & 220p.
This is based on the current lowest & highest Broker Buy recs.
Hi Hatto. Now I see why you were so aggressively defending Forsythes Evo forecast. Evos forecast is not for the March results. It is for the full year June results. They are forecasting a 10% rise in the AHT price in 6 months. (Not impressive is it? Now you know why they upset me so much even though they proved they were useless at this when they predicted PBT of 38 mil for the full year and the actuals were 40.2 mil for the half year.)
From their latest forecast: We retain our valuation approach of targeting 5.3x 12 month forward EV/EBITDA, which underlies our six-months forward share price target of 198p and Buy recommendation.
US markets have turned negative today due to the inverted yield curve but good to see the French and German markets up so strongly ;)
Ashford Hospitality Trust stock quotes
Ashford Hospitality Trust stock charts
Follow this thread
