Temple Hotels Inc (TPH) Shares Up 3.1%

Temple Hotels Inc (TSE:TPH)’s share price shot up 3.1% during mid-day trading on Wednesday . The stock traded as high as C$4.41 and last traded at C$4.30. 25,023 shares traded hands during mid-day trading, an increase of 144% from the average session volume of 10,257 shares. The stock had previously closed at C$4.17.

Separately, National Bank Financial reiterated a “sector perform” rating and issued a C$5.00 target price 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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