In a report released yesterday, Michael Bellisario from Robert W. Baird maintained a Buy rating on Apple Hospitality REIT (APLE – Research Report), with a price target of $19.00. The company's shares closed last Thursday at $18.14, close to its 52-week high of $18.37. According to TipRanks.com, Bellisario is a 4-star analyst with an average return of 12.0% and a 63.9% success rate. Bellisario covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts, Summit Hotel Properties, and Xenia Hotels & Resorts. Apple Hospitality REIT has an analyst consensus of Moderate Buy, with a price target consensus of $18.67, representing a 3.1% upside.
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