As this happened, Jefferies downgraded its Xenia Hotels & Resorts Inc [XHR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid September from “an Equal weight” to “an Overweight”. B. Riley Securities also remained covering XHR and has decreased its forecast on March 04, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies revised its rating on February 29, 2024. It rated XHR as “a Buy” which previously was an “a Hold”.
Price Performance Review of XHR
On Monday, Xenia Hotels & Resorts Inc [NYSE:XHR] saw its stock jump 6.40% to $12.30. Over the last five days, the stock has gained 6.59%. Xenia Hotels & Resorts Inc shares have fallen nearly -17.23% since the year began. Nevertheless, the stocks have fallen -16.04% over the past one year. While a 52-week high of $16.50 was reached on 01/28/25, a 52-week low of $8.55 was recorded on 04/09/25. SMA at 50 days reached $11.46, while 200 days put it at $13.78.
Levels Of Support And Resistance For XHR Stock
The 24-hour chart illustrates a support level at 12.08, which if violated will result in even more drops to 11.86. On the upside, there is a resistance level at 12.53. A further resistance level may holdings at 12.76. The Relative Strength Index (RSI) on the 14-day chart is 68.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.68%. Stochastics %K at 86.67% indicates the stock is a selling.
The most recent change occurred on January 10, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
