Oppenheimer Reiterates Buy Rating on RLJ
Oppenheimer affirms its buy rating for RLJ, targeting $13, a 13.66% upside from the current price.
Key Points
- Oppenheimer reiterated a buy rating for RLJ on June 18, 2026, with a price target of $13.
- Oppenheimer's $13 price target implies 13.66% upside from RLJ Lodging Trust's ($RLJ) current $11.44 share price.
- Shares of RLJ are trading around $11.44, with varied recent insights from analysts.
- Institutional investors like BlackRock and Donald Smith & Co. have made notable changes to their RLJ holdings.
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Oppenheimer has reiterated its buy rating on RLJ, setting a price target of $13. This reaffirmation came on June 18, 2026, as analyst Tyler Batory expressed continued confidence in the stock's potential.
Other Institutional Activity in RLJ
BlackRock, Inc. reduced its holdings by 788,775 shares, leaving it with 15,993,208 shares valued at about $118.67 million. Donald Smith & Co., Inc. increased its position by 1,859,880 shares, now holding 15,000,624 shares worth approximately $111.30 million. Vanguard Portfolio Management LLC made a significant addition, acquiring 12,213,462 shares, bringing its total to the same number with a value of $90.62 million. Meanwhile, State Street Corp trimmed its stake by 307,190 shares, holding 6,127,052 shares valued at $46.35 million.
RLJ Lodging Trust Stock Down 0.2%
Shares of RLJ are currently trading near $11.44. While the market capitalization and other specific metrics were not provided, recent analyst activities suggest varied perspectives on the stock's future performance.
$RLJ price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at RLJ Lodging Trust
Several insiders, including Arthur Reginald Collins and Evan Bayh, each purchased 16,149 shares at an average price of $8.78 on May 6, 2026. These transactions were not part of any pre-planned trading schemes.
Analysts Set New Price Targets
On June 18, 2026, Oppenheimer reiterated its buy rating for RLJ with a price target of $13. Earlier, on June 12, Truist Securities maintained a hold rating with a $10 target. Barclays and Wells Fargo both maintained sell ratings with a $9 target on June 1. Raymond James downgraded its rating to buy with an $11 target on May 28.
About RLJ
RLJ is a company involved in the [sector/industry], though specific details about its operations were not provided in this data. The company continues to attract attention from various institutional investors and analysts.
Bottom Line
Oppenheimer's reaffirmation of its buy rating for RLJ highlights ongoing interest in the stock. As always, 13F and analyst reports are backward-looking and may not reflect the current position or outlook. Investors often track these updates for insights into potential market movements.
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