Choice Hotels International (NYSE:CHH) Given New $160.00 Price Target at Robert W. Baird

Choice Hotels International (NYSE:CHH) had its target price increased by Robert W. Baird from $145.00 to $160.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price objective indicates a potential upside of 6.54% from the stock’s previous close.

CHH has been the topic of several other reports. The Goldman Sachs Group increased their price objective on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. Susquehanna increased their price target on shares of Choice Hotels International from $125.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. raised their price objective on shares of Choice Hotels International from $122.00 to $135.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Barclays upped their target price on Choice Hotels International from $129.00 to $132.00 and gave the company an “underweight” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Choice Hotels International from $113.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $137.83.

Choice Hotels International Trading Down 0.2 %

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

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.10. The business had revenue of $389.77 million during the quarter, compared to analysts’ expectations of $374.24 million. Choice Hotels International had a negative return on equity of 472.31% and a net margin of 18.91%. As a group, sell-side analysts predict that Choice Hotels International will post 7.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHH. Blue Trust Inc. increased its holdings in Choice Hotels International by 81.4% in the 3rd quarter. Blue Trust Inc. now owns 399 shares of the company’s stock valued at $47,000 after buying an additional 179 shares during the period. CIBC Private Wealth Group LLC boosted its position 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 acquiring an additional 86 shares in the last quarter. Anchor Investment Management LLC bought a new position in Choice Hotels International in the third quarter valued at approximately $55,000. Tortoise Investment Management LLC raised its position 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 in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its position in Choice Hotels International by 836.2% during 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 in 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.