Key Analysts at Nomura Reconfirmed their ‘”Buy”’ rating for Extended Stay America (NYSE:STAY) Shares Today. Their TP Given is $23

November 21, 2017 - By Kurt Siggers

 Key Analysts at Nomura Reconfirmed their ‘

Investors sentiment increased to 2.26 in 2017 Q2. Its up 0.40, from 1.86 in 2017Q1. It increased, as 24 investors sold Extended Stay America Inc shares while 42 reduced holdings. 54 funds opened positions while 95 raised stakes. 181.67 million shares or 1.84% more from 178.39 million shares in 2017Q1 were reported.

Fred Alger Mgmt reported 561,978 shares. Parkside Bank And holds 678 shares. Tiaa Cref Investment Mngmt Ltd reported 0.02% stake. Deutsche National Bank & Trust Ag invested in 5.35M shares. Moreover, Thompson Inv Mngmt Inc has 0.76% invested in Extended Stay America Inc (NYSE:STAY) for 208,422 shares. Swiss Savings Bank holds 0.01% or 321,086 shares in its portfolio. Comerica Incorporated owns 167,365 shares or 0.48% of their US portfolio. Driehaus Capital Limited Com owns 57,300 shares for 0.04% of their portfolio. The Colorado-based Paragon Capital Mngmt Limited has invested 0.1% in Extended Stay America Inc (NYSE:STAY). Sterling Capital Management Llc reported 79,408 shares. Moreover, Comerica Fincl Bank has 0.17% invested in Extended Stay America Inc (NYSE:STAY) for 1.16M shares. Savings Bank Of New York Mellon has invested 0% in Extended Stay America Inc (NYSE:STAY). Lord Abbett And Com Limited Liability Company reported 1.93M shares or 0.11% of all its holdings. Point72 Asia (Hong Kong) Ltd accumulated 612 shares. Raymond James Trust Na accumulated 0.04% or 26,098 shares.

Extended Stay America (NYSE:STAY) Rating Reaffirmed

The financial firm has just set a target of $23 on Extended Stay America (NYSE:STAY) shares. This is 38.30 % from the previous stock close. In analysts note sent to investors and clients on 8 November, Nomura restate their “Buy” rating on shares of STAY.

Investors sentiment increased to 2.26 in 2017 Q2. Its up 0.40, from 1.86 in 2017Q1. It increased, as 24 investors sold Extended Stay America Inc shares while 42 reduced holdings. 54 funds opened positions while 95 raised stakes. 181.67 million shares or 1.84% more from 178.39 million shares in 2017Q1 were reported.

Fred Alger Mgmt reported 561,978 shares. Parkside Bank And holds 678 shares. Tiaa Cref Investment Mngmt Ltd reported 0.02% stake. Deutsche National Bank & Trust Ag invested in 5.35M shares. Moreover, Thompson Inv Mngmt Inc has 0.76% invested in Extended Stay America Inc (NYSE:STAY) for 208,422 shares. Swiss Savings Bank holds 0.01% or 321,086 shares in its portfolio. Comerica Incorporated owns 167,365 shares or 0.48% of their US portfolio. Driehaus Capital Limited Com owns 57,300 shares for 0.04% of their portfolio. The Colorado-based Paragon Capital Mngmt Limited has invested 0.1% in Extended Stay America Inc (NYSE:STAY). Sterling Capital Management Llc reported 79,408 shares. Moreover, Comerica Fincl Bank has 0.17% invested in Extended Stay America Inc (NYSE:STAY) for 1.16M shares. Savings Bank Of New York Mellon has invested 0% in Extended Stay America Inc (NYSE:STAY). Lord Abbett And Com Limited Liability Company reported 1.93M shares or 0.11% of all its holdings. Point72 Asia (Hong Kong) Ltd accumulated 612 shares. Raymond James Trust Na accumulated 0.04% or 26,098 shares.

Extended Stay America Inc (NYSE:STAY) Ratings Coverage

Among 11 analysts covering Extended Stay America (NYSE:STAY), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Extended Stay America has $26 highest and $14 lowest target. $18.92’s average target is 13.77% above currents $16.63 stock price. Extended Stay America had 25 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $18.50 target in Wednesday, April 12 report. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 28. The firm earned “Neutral” rating on Wednesday, August 17 by Citigroup. Deutsche Bank maintained the shares of STAY in report on Friday, July 31 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, October 10. M Partners downgraded the shares of STAY in report on Thursday, January 14 to “Neutral” rating. The rating was maintained by Barclays Capital with “Overweight” on Monday, November 13. Stifel Nicolaus maintained the shares of STAY in report on Thursday, June 29 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 8. The rating was downgraded by Bank of America on Tuesday, July 21 to “Underperform”.

About 69,538 shares traded. Extended Stay America Inc (NYSE:STAY) has risen 30.00% since November 21, 2016 and is uptrending. It has outperformed by 13.30% the S&P500.

Extended Stay America, Inc. is an integrated owner/operator of Company-branded hotels in North America. The company has market cap of $3.20 billion. The Firm operates in hotel activities segment. It has a 43.07 P/E ratio. The Company’s business operates in the extended stay sector of the lodging industry.

More important recent Extended Stay America Inc (NYSE:STAY) news were published by: Fool.com which released: “Why Extended Stay America Inc Stock Tumbled Today” on November 07, 2017, also Businesswire.com published article titled: “Extended Stay America Unveils Newly Redesigned Hotel in East Providence, RI”, Nasdaq.com published: “Ex-Dividend Reminder: Janus Henderson Group, Brunswick and Extended Stay America” on November 16, 2017. More interesting news about Extended Stay America Inc (NYSE:STAY) was released by: Businesswire.com and their article: “All Local Extended Stay America Hotels Open and Ready to Assist Residents and …” with publication date: October 30, 2017.

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