Apple Hospitality REIT (NYSE:APLE) Given New $18.00 Price Target at JPMorgan Chase & Co.

Posted by Brenda Bartman on Nov 9th, 2026

Apple Hospitality REIT (NYSE:APLE – Get Free Report) had its target price lifted by research analysts at JPMorgan Chase & Co. from $17.00 to $18.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 8.61% from the company’s current price.

APLE has been the topic of a number of other research reports. Wells Fargo & Company boosted their price target on Apple Hospitality REIT from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Monday, October 26th. Compass Point raised shares of Apple Hospitality REIT from a “neutral” rating to a “buy” rating and increased their price objective for the company from $17.50 to $18.50 in a research report on Friday, August 7th. Zacks Research cut shares of Apple Hospitality REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Cantor Fitzgerald reissued an “overweight” rating on shares of Apple Hospitality REIT in a research report on Friday, August 21st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Apple Hospitality REIT in a research note on Tuesday, November 3rd. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.44.

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Apple Hospitality REIT Stock Up 4.3%

Shares of APLE stock traded up $0.81 during mid-day trading on Monday, hitting $19.70. 2,591,630 shares of the stock traded hands, compared to its average volume of 2,887,905. The stock’s fifty day moving average is $16.71 and its two-hundred day moving average is $14.80. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.81 and a quick ratio of 0.81. Apple Hospitality REIT has a 52-week low of $11.31 and a 52-week high of $19.82. The stock has a market cap of $4.65 billion, a P/E ratio of 24.91, a P/E/G ratio of 2.14 and a beta of 0.93.

Apple Hospitality REIT (NYSE:APLE – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04. Apple Hospitality REIT had a return on equity of 5.88% and a net margin of 12.62%. The firm had revenue of $398.33 million during the quarter, compared to analysts’ expectations of $384.64 million. Equities analysts predict that Apple Hospitality REIT will post 1.63 EPS for the current year.

Institutional Trading of Apple Hospitality REIT

A number of hedge funds have recently modified their holdings of APLE. Bank of America Corp DE grew its position in shares of Apple Hospitality REIT by 6.0% during the 1st quarter. Bank of America Corp DE now owns 2,049,081 shares of the real estate investment trust’s stock valued at $23,585,000 after acquiring an additional 115,575 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Apple Hospitality REIT in the 2nd quarter valued at about $3,952,000. Bank of New York Mellon Corp acquired a new position in Apple Hospitality REIT in the 2nd quarter worth about $26,774,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Apple Hospitality REIT in the 1st quarter worth about $3,126,000. Finally, Congress Asset Management Co. boosted its position in Apple Hospitality REIT by 21.3% during the third quarter. Congress Asset Management Co. now owns 673,795 shares of the real estate investment trust’s stock worth $10,889,000 after purchasing an additional 118,238 shares in the last quarter. Hedge funds and other institutional investors own 89.66% of the company’s stock.

About Apple Hospitality REIT

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Apple Hospitality REIT, Inc is a real estate investment trust that owns a portfolio of hotels in the United States. Its properties primarily serve business and leisure travelers and operate in the upscale segment, including select-service and extended-stay formats.

The company’s hotels are affiliated with well-known hospitality brands, including Marriott, Hilton and Hyatt. Apple Hospitality REIT owns the real estate and works with hotel operators to manage day-to-day operations.

Formed in 2007, the company is headquartered in Richmond, Virginia.