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Sotherly Hotels (SOHO) Stock Forecast & Price Target

$1.32
+0.02 (+1.54%)
(As of 07/26/2024 ET)

Sotherly Hotels - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 1 Wall Street analysts who have issued ratings for Sotherly Hotels in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for SOHO.

Consensus Price Target

$2.25
70.45% Upside
High Forecast$2.25
Average Forecast$2.25
Low Forecast$2.25

According to the 1 analysts' twelve-month price targets for Sotherly Hotels, the average price target is $2.25. The highest price target for SOHO is $2.25, while the lowest price target for SOHO is $2.25. The average price target represents a forecasted upside of 70.45% from the current price of $1.32.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
Consensus Rating
Hold
Hold
Hold
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
N/A
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$2.25$2.25$2.25$2.00
Forecasted Upside70.45% Upside6.13% Upside6.13% Upside9.89% Upside
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SOHO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SOHO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sotherly Hotels Stock vs. The Competition

TypeSotherly HotelsFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.44
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside70.45% Upside35.50% Upside9.18% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/11/2023Piper Sandler
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$2.00 ➝ $2.25+6.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:08 AM ET.

SOHO Forecast - Frequently Asked Questions

What is Sotherly Hotels' forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Sotherly Hotels is $2.25, with a high forecast of $2.25 and a low forecast of $2.25.

Should I buy or sell Sotherly Hotels stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sotherly Hotels in the last year. There is currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOHO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOHO, but not buy additional shares or sell existing shares.

Does Sotherly Hotels's stock price have much upside?

According to analysts, Sotherly Hotels's stock has a predicted upside of 6.13% based on their 12-month stock forecasts.

Do Wall Street analysts like Sotherly Hotels more than its competitors?

Analysts like Sotherly Hotels less than other "finance" companies. The consensus rating score for Sotherly Hotels is 2.00 while the average consensus rating score for "finance" companies is 2.45. Learn more on how SOHO compares to other companies.


This page (NASDAQ:SOHO) was last updated on 7/27/2024 by MarketBeat.com Staff

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