Choice Hotels International (NYSE:CHH) Price Target Raised to $155.00 at Susquehanna

Choice Hotels International (NYSE:CHH) had its price target lifted by stock analysts at Susquehanna from $130.00 to $155.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 3.21% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft raised their target price on Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Morgan Stanley reissued an “underweight” rating and set a $129.00 target price (down from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. Wells Fargo & Company upped their target price on shares of Choice Hotels International from $133.00 to $138.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Robert W. Baird lifted their price target on shares of Choice Hotels International from $145.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Bank of America upped their price objective on shares of Choice Hotels International from $160.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Choice Hotels International presently has an average rating of “Hold” and an average target price of $139.92.

Choice Hotels International Stock Down 0.2 %

Choice Hotels International stock opened at $150.18 on Tuesday. The firm has a fifty day moving average of $145.20 and a 200-day moving average of $138.78. Choice Hotels International has a 52-week low of $108.91 and a 52-week high of $157.86. The firm has a market capitalization of $7.02 billion, a P/E ratio of 24.11, a PEG ratio of 1.90 and a beta of 1.23.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings results on Thursday, February 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.10. The firm had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. Choice Hotels International had a negative return on equity of 472.31% and a net margin of 18.91%. On average, research analysts expect that Choice Hotels International will post 7.07 EPS for the current fiscal year.

Institutional Trading of Choice Hotels International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in Choice Hotels International by 81.4% during the 3rd quarter. Blue Trust Inc. now owns 399 shares of the company’s stock worth $47,000 after buying an additional 179 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Choice Hotels International by 30.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company’s stock worth $52,000 after purchasing an additional 86 shares during the last quarter. Anchor Investment Management LLC acquired a new position in Choice Hotels International in the third quarter worth $55,000. Tortoise Investment Management LLC increased its stake in Choice Hotels International by 55.8% during the fourth quarter. Tortoise Investment Management LLC now owns 430 shares of the company’s stock valued at $61,000 after purchasing an additional 154 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Choice Hotels International by 836.2% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company’s stock worth $62,000 after purchasing an additional 393 shares during the period. 65.57% of the stock is owned by institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.