American Hotel Income Properties REIT (OTCMKTS:AHOTF) Price Target Raised to C$3.00 at National Bank Financial

American Hotel Income Properties REIT (OTCMKTS:AHOTF – Get Rating) had its price objective hoisted by National Bank Financial to C$3.00 in a research report released on Monday morning, The Fly reports.

Separately, Scotiabank dropped their price objective on American Hotel Income Properties REIT from C$3.75 to C$3.50 in a report on Tuesday, March 7th.

American Hotel Income Properties REIT Stock Performance

AHOTF opened at $1.90 on Monday. American Hotel Income Properties REIT has a one year low of $1.69 and a one year high of $3.06. The business’s 50-day simple moving average is $1.84 and its 200-day simple moving average is $1.97.

About American Hotel Income Properties REIT

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American Hotel Income Properties REIT LP engages in investing in hotel real estate properties. Its long-term objectives are to: increase the value of its hotel properties through operating excellence, active asset management and invest in value-added capital expenditures, expand its hotel portfolio through acquisitions on an accretive basis, and increase unitholder value and distributions to unitholders .