B+
Bull case
20%
Probability
Target price
$17.00
-4.3% vs current
Consensus is cautiously neutral with targets clustered in the mid-$15s; narrow analyst spread mutes momentum and leaves limited upside absent clear NAV catalysts.
No evidence quality warning is currently attached to this memo.
Estimated Q1 2026 release — may prompt NAV/FFO revisions and dividend commentary; date assumed due to no public schedule.
Consensus clustered in the mid-$15s; a set of analyst upgrades or cuts could modestly shift the trading range.
Sustained rebound in business/group demand could raise occupancy and ADR, improving NAV and dividend prospects; outcome depends on macro and cap-rate trends.
No formal recommendation provided.