CPLG - CorePoint Lodging Inc.: The Winning Streak Continues (CPLG)
Shares of CorePoint Lodging Inc. (NYSE:CPLG) traded today at $16.20, eclipsing its 52-week high. So far today approximately 61,000 shares have been exchanged, as compared to an average 30-day volume of 198,000 shares.
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
There is potential upside of 238.1% for shares of CorePoint Lodging Inc. based on a current price of $15.79 and an average consensus analyst price target of $53.38.
Over the past year, CorePoint Lodging Inc. has traded in a range of $4.66 to $16.20 and is now at $15.79, 239% above that low.
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