Barclays Increases Wyndham Hotels & Resorts (NYSE:WH) Price Target to $121.00

Wyndham Hotels & Resorts (NYSE:WH) had its price objective raised by equities researchers at Barclays from $116.00 to $121.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 10.53% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Robert W. Baird boosted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus upped their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday. Oppenheimer increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. The Goldman Sachs Group increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, JPMorgan Chase & Co. raised their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $110.30.

Wyndham Hotels & Resorts Trading Up 2.0 %

Shares of WH stock opened at $109.47 on Friday. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts has a 1 year low of $67.67 and a 1 year high of $110.94. The stock has a market capitalization of $8.52 billion, a price-to-earnings ratio of 34.75, a PEG ratio of 2.14 and a beta of 1.29. The company’s fifty day simple moving average is $103.29 and its two-hundred day simple moving average is $90.60.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. As a group, analysts anticipate that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently bought and sold shares of the business. Boston Partners raised its position in Wyndham Hotels & Resorts by 5.3% during the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock worth $388,462,000 after buying an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Wyndham Hotels & Resorts by 3.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock worth $182,460,000 after buying an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Wyndham Hotels & Resorts by 6.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company’s stock worth $143,038,000 after buying an additional 81,730 shares during the last quarter. Bessemer Group Inc. raised its position in Wyndham Hotels & Resorts by 24,953.8% during the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after buying an additional 1,328,292 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Wyndham Hotels & Resorts by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock worth $131,952,000 after buying an additional 29,220 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.