NYSE:APLEHotel and Resort REITs
Can Apple Hospitality REIT (APLE) Justify Its Valuation As It Refinances Debt?
Apple Hospitality REIT (APLE) stock is in focus after the company refinanced its main unsecured credit facility, lifted total borrowing capacity to about $1.3b, and pushed key debt maturities further out.
See our latest analysis for Apple Hospitality REIT.
Set against this refinancing news, Apple Hospitality REIT’s share price has climbed 24.78% over the past 90 days and the year-to-date share price return of 39.47% points to strong recent momentum, while the 1-year total shareholder return...