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

Choice Hotels International (NYSE:CHH) had its target price hoisted by research analysts at Susquehanna from $130.00 to $155.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price objective would suggest a potential upside of 3.21% from the company’s current price.

CHH has been the topic of several other reports. Barclays upped their target price on shares of Choice Hotels International from $129.00 to $132.00 and gave the stock an “underweight” rating in a research report on Friday. JPMorgan Chase & Co. raised their price objective on Choice Hotels International from $122.00 to $135.00 and gave the company an “underweight” rating in a research note on Friday, December 13th. Morgan Stanley reiterated 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. Truist Financial raised their price target on Choice Hotels International from $134.00 to $136.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Finally, Jefferies Financial Group lifted their price target on Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Choice Hotels International has a consensus rating of “Hold” and a consensus price target of $139.92.

Choice Hotels International Trading Down 0.2 %

Shares of CHH stock opened at $150.18 on Tuesday. The stock has a 50 day simple moving average of $145.20 and a 200-day simple moving average of $138.78. The company has a market cap of $7.02 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23. Choice Hotels International has a 12-month low of $108.91 and a 12-month high of $157.86.

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

Hedge Funds Weigh In On Choice Hotels International

Institutional investors have recently modified their holdings of the company. Blue Trust Inc. boosted its position in Choice Hotels International by 81.4% during the third quarter. Blue Trust Inc. now owns 399 shares of the company’s stock worth $47,000 after acquiring an additional 179 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Choice Hotels International by 30.3% during the 4th 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 period. Anchor Investment Management LLC acquired a new stake in shares of Choice Hotels International during the third quarter worth $55,000. Tortoise Investment Management LLC grew its position in shares of Choice Hotels International by 55.8% in 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 period. Finally, Skandinaviska Enskilda Banken AB publ increased its stake in Choice Hotels International by 836.2% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company’s stock valued at $62,000 after purchasing an additional 393 shares during the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

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.