| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/11/2023 | 6.64% | Piper Sandler | $2 → $2.25 | Maintains | Neutral |
| 05/31/2023 | -5.21% | Piper Sandler | $2.5 → $2 | Maintains | Neutral |
| 04/18/2022 | 18.48% | Piper Sandler | $2.75 → $2.5 | Maintains | Neutral |
What is the target price for Sotherly Hotels (SOHO)?
The latest price target for Sotherly Hotels (NASDAQ: SOHO) was reported by Piper Sandler on August 11, 2023. The analyst firm set a price target for $2.25 expecting SOHO to rise to within 12 months (a possible 6.64% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sotherly Hotels (SOHO)?
The latest analyst rating for Sotherly Hotels (NASDAQ: SOHO) was provided by Piper Sandler, and Sotherly Hotels maintained their neutral rating.
When is the next analyst rating going to be posted or updated for Sotherly Hotels (SOHO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sotherly Hotels, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sotherly Hotels was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
Is the Analyst Rating Sotherly Hotels (SOHO) correct?
While ratings are subjective and will change, the latest Sotherly Hotels (SOHO) rating was a maintained with a price target of $2.00 to $2.25. The current price Sotherly Hotels (SOHO) is trading at is $2.11, which is within the analyst's predicted range.