NYSE:APLEHotel and Resort REITs
How Analyst Support, Insider Buying and a Nashville Deal At Apple Hospitality REIT (APLE) Has Changed Its Investment Story
In recent weeks, Apple Hospitality REIT has attracted fresh attention as Barclays and Cantor Fitzgerald both initiated and reaffirmed positive coverage, while insiders, including the CEO, increased share purchases and the company acquired the Motto by Hilton Nashville Downtown for US$98.2 million.
This combination of upbeat analyst commentary, insider buying and portfolio expansion is sharpening investor focus on how Apple Hospitality’s hotel assets might perform against longer-term...