Barnes & Noble Education, Inc. (BNED) Forms $8.24 Double Bottom; 8 Bullish Analysts Covering Summit Hotel Properties, Inc. (INN)

Among 10 analysts covering Summit Hotel Properties (NYSE:INN), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Summit Hotel Properties had 32 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Summit Hotel Properties, Inc. (NYSE:INN) has “Underperform” rating given on Monday, August 14 by Bank of America. The company was initiated on Thursday, March 10 by Janney Capital. The stock of Summit Hotel Properties, Inc. (NYSE:INN) earned “Buy” rating by Canaccord Genuity on Wednesday, June 28. The firm has “Buy” rating given on Friday, September 22 by RBC Capital Markets. Canaccord Genuity maintained the shares of INN in report on Thursday, May 25 with “Buy” rating. The stock of Summit Hotel Properties, Inc. (NYSE:INN) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, September 26. The rating was downgraded by Raymond James on Friday, July 14 to “Market Perform”. The stock has “Outperform” rating by Raymond James on Monday, October 30. The firm has “Outperform” rating given on Monday, January 4 by RBC Capital Markets. The company was maintained on Thursday, September 7 by Robert W. Baird. See Summit Hotel Properties, Inc. (NYSE:INN) latest ratings:

20/11/2017 Broker: Janney Capital Old Rating: Buy New Rating: Neutral Downgrade
10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $17.0 Maintain
27/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $17.0 Maintain
30/10/2017 Broker: Raymond James Old Rating: Market Perform New Rating: Outperform Upgrade
26/09/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
22/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
22/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $17.0 Maintain
07/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $17.0 Maintain
14/08/2017 Broker: Bank of America Old Rating: Buy New Rating: Underperform Old Target: $17 Downgrade
07/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $17.0000 Maintain

Barnes & Noble Education, Inc. (BNED) formed double bottom with $7.99 target or 3.00% below today’s $8.24 share price. Barnes & Noble Education, Inc. (BNED) has $386.57 million valuation. The stock decreased 1.32% or $0.11 during the last trading session, reaching $8.24. About 363,799 shares traded. Barnes & Noble Education, Inc. (NYSE:BNED) has risen 5.18% since January 2, 2017 and is uptrending. It has underperformed by 11.52% the S&P500.

The stock decreased 1.17% or $0.18 during the last trading session, reaching $15.23. About 841,545 shares traded or 20.33% up from the average. Summit Hotel Properties, Inc. (NYSE:INN) has risen 48.87% since January 2, 2017 and is uptrending. It has outperformed by 32.17% the S&P500.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.67, from 1.65 in 2017Q2. It fall, as 30 investors sold Summit Hotel Properties, Inc. shares while 75 reduced holdings. 32 funds opened positions while 71 raised stakes. 99.13 million shares or 0.27% more from 98.87 million shares in 2017Q2 were reported. Boston Advsrs Ltd Com reported 364,525 shares. Fifth Third Financial Bank owns 2,260 shares for 0% of their portfolio. The Pennsylvania-based Nationwide Fund has invested 0.02% in Summit Hotel Properties, Inc. (NYSE:INN). 61,730 are owned by Credit Agricole S A. Advisory Networks Ltd Llc accumulated 0% or 403 shares. Pnc Financial Svcs Grp Inc Inc owns 0.01% invested in Summit Hotel Properties, Inc. (NYSE:INN) for 368,656 shares. Raymond James Assoc accumulated 211,148 shares or 0.01% of the stock. Minnesota-based Us National Bank De has invested 0% in Summit Hotel Properties, Inc. (NYSE:INN). Aqr Capital Ltd Company reported 86,513 shares. Moreover, California State Teachers Retirement has 0.01% invested in Summit Hotel Properties, Inc. (NYSE:INN). Smith Asset Management Group L P stated it has 2,811 shares. Asset Management reported 0% in Summit Hotel Properties, Inc. (NYSE:INN). Grs Advisors Limited Liability has 121,828 shares. Ngam Advsrs Limited Partnership, a Massachusetts-based fund reported 16,083 shares. 5,886 are owned by Old Second Retail Bank Of Aurora.

Summit Hotel Properties, Inc., a hotel investment company, engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage divisions of the United StatesÂ’ lodging industry. The company has market cap of $1.59 billion. As of August 3, 2012, the firm operated 74 hotels with a total of 7,586 guestrooms located in 20 states. It has a 18.28 P/E ratio.

Analysts await Barnes & Noble Education, Inc. (NYSE:BNED) to report earnings on February, 27. They expect $0.12 earnings per share, up 33.33% or $0.03 from last year’s $0.09 per share. BNED’s profit will be $5.63 million for 17.17 P/E if the $0.12 EPS becomes a reality. After $1.03 actual earnings per share reported by Barnes & Noble Education, Inc. for the previous quarter, Wall Street now forecasts -88.35% negative EPS growth.

Among 4 analysts covering Barnes & Noble Education (NYSE:BNED), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Barnes & Noble Education had 6 analyst reports since July 27, 2015 according to SRatingsIntel. Sidoti initiated it with “Neutral” rating and $11 target in Monday, May 9 report. As per Wednesday, October 7, the company rating was initiated by Cantor Fitzgerald. BWS Financial initiated Barnes & Noble Education, Inc. (NYSE:BNED) on Tuesday, October 11 with “Strong Buy” rating. Craig Hallum maintained it with “Buy” rating and $10.0 target in Thursday, August 31 report. Craig Hallum initiated Barnes & Noble Education, Inc. (NYSE:BNED) on Monday, July 27 with “Buy” rating.