BofA Securities’s latest rating for DRH stock

Diamondrock Hospitality Co’s filing revealed that its Chief Executive Officer Donnelly Jeffrey acquired Company’s shares for reported $79800.0 on Mar 11 ’25. In the deal valued at $7.98 per share,10,000 shares were bought. As a result of this transaction, Donnelly Jeffrey now holds 672,894 shares worth roughly $5.49 million.

BofA Securities upgraded its Diamondrock Hospitality Co [DRH] rating to a Buy from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Hold”. Evercore ISI also remained covering DRH and has decreased its forecast on November 15, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Compass Point revised its rating on August 05, 2024. It rated DRH as “a Buy” which previously was an “a Neutral”.

Price Performance Review of DRH

On Monday, Diamondrock Hospitality Co [NYSE:DRH] saw its stock jump 0.25% to $8.16. Over the last five days, the stock has gained 4.08%. Diamondrock Hospitality Co shares have risen nearly 0.03% since the year began. Nevertheless, the stocks have fallen -9.63% over the past one year. While a 52-week high of $9.78 was reached on 01/28/25, a 52-week low of $6.18 was recorded on 04/09/25.

Levels Of Support And Resistance For DRH Stock

The 24-hour chart illustrates a support level at 8.06, which if violated will result in even more drops to 7.96. On the upside, there is a resistance level at 8.21. A further resistance level may holdings at 8.26.

How much short interest is there in Diamondrock Hospitality Co?

A steep rise in short interest was recorded in Diamondrock Hospitality Co stocks on 2025-06-13, dropping by -2.35 million shares to a total of 14.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 16.44 million shares. There was a decline of -16.67%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 10, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.

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