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

Choice Hotels International (NYSE:CHH) had its target price boosted by stock analysts at Susquehanna from $130.00 to $155.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 6.01% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Bank of America lifted their target price on Choice Hotels International from $160.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, January 27th. The Goldman Sachs Group raised 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 note on Tuesday, December 10th. Truist Financial upped their target price on shares of Choice Hotels International from $134.00 to $136.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Morgan Stanley reissued an “underweight” rating and issued a $129.00 price target (down previously from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. upped their price objective on Choice Hotels International from $122.00 to $135.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Choice Hotels International has an average rating of “Hold” and an average price target of $139.92.

Choice Hotels International Price Performance

Shares of NYSE CHH opened at $146.21 on Tuesday. The company has a market capitalization of $6.83 billion, a P/E ratio of 23.47, a P/E/G ratio of 1.90 and a beta of 1.23. The company has a 50 day simple moving average of $145.38 and a 200-day simple moving average of $139.02. Choice Hotels International has a 1 year low of $108.91 and a 1 year high of $157.86.

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

Institutional Trading of Choice Hotels International

Several institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in shares of 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 buying an additional 179 shares during the period. CIBC Private Wealth Group LLC raised its stake in Choice Hotels International by 30.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company’s stock valued at $52,000 after acquiring an additional 86 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Choice Hotels International during the 3rd quarter worth approximately $55,000. Tortoise Investment Management LLC grew its stake in shares of Choice Hotels International by 55.8% in the 4th 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 increased its holdings in shares of 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 period. 65.57% of the stock is owned by hedge funds and other institutional investors.

About Choice Hotels International

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.