Temple Hotels (TPH) Trading -1.2% Higher

Temple Hotels Inc (TSE:TPH)’s share price traded up 1.2% during mid-day trading on Monday . The stock traded as high as C$3.48 and last traded at C$3.40. 16,127 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 12,029 shares. The stock had previously closed at C$3.44.

Separately, National Bank Financial reissued a “sector perform” rating and issued a C$5.00 price objective on shares of Temple Hotels in a research note on Monday, August 21st.

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Temple Hotels Company Profile

Temple Hotels Inc, formerly known as Temple Real Estate Investment Trust, is a real estate investment firm specializing in direct and indirect acquisition of hotel properties and assets, investments in hotel real estate in primary and secondary markets, as well as refinancing of under-leveraged properties in markets across Canada and United States.

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