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Bullboard - Stock Discussion Forum American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s):  AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals... see more

TSX:HOT.DB.V - Post Discussion

Post by p4w2000 on Mar 02, 2023 2:41pm

Why BMO/CIBC Lower Target?

https://www.marketbeat.com/stocks/TSE/HOT-UN/price-target/

3/2/2023 BMO Capital Markets
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  Lower Target   C$2.75 C$2.25 -15.73%

3/2/2023 CIBC
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  Lower Target Neutral C$3.00 C$2.50 -6.37%
Comment by p4w2000 on Mar 03, 2023 1:17am
American Hotel Income Properties REIT: 2023 Outlook: Moderating RevPAR Growth in the Face of Continued Expense Pressure(Comment) We are trimming our target price from US$2.75 to US$2.25 following our review of HOT's Q422 results (flash). The stock... Oh, It's US$.
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