Does Choice Hotels (NYSE:CHH) Look Attractive Now? Longbow Research Initiates Coverage

September 8, 2018 - By Mary Kidd

Choice Hotels International, Inc. (NYSE:CHH) Logo

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.08, from 1.13 in 2017Q4. It dropped, as 16 investors sold Choice Hotels International, Inc. shares while 64 reduced holdings. 39 funds opened positions while 45 raised stakes. 28.80 million shares or 2.04% more from 28.23 million shares in 2017Q4 were reported.

Huntington Commercial Bank, Ohio-based fund reported 2,666 shares. Vantage Invest Ltd Limited Liability Company invested in 0% or 100 shares. Advisory Serv Networks Llc reported 100 shares or 0% of all its holdings. Kbc Grp Nv has 1,913 shares for 0% of their portfolio. Utah Retirement System owns 6,212 shares. 188,181 were accumulated by Bank Of America De. Schwab Charles Inv Mngmt holds 0.01% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 185,468 shares. First Advsr Limited Partnership holds 0.01% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 75,223 shares. State Street Corporation holds 0% or 463,077 shares in its portfolio. Nomura Hldgs stated it has 0% in Choice Hotels International, Inc. (NYSE:CHH). Millennium Mgmt Limited accumulated 299,630 shares. State Teachers Retirement Systems accumulated 3,000 shares. Los Angeles Capital & Equity Rech Inc accumulated 305,137 shares. Grantham Mayo Van Otterloo Ltd Liability Corporation holds 0% or 3,500 shares in its portfolio. Aperio Lc stated it has 9,112 shares.

Since March 6, 2018, it had 0 insider buys, and 1 insider sale for $64,856 activity. Pepper David A sold $918,259 worth of stock or 11,310 shares. Shares for $1.24 million were sold by Bonds John. Shares for $600,009 were sold by McDowell Robert J.

Why Has Longbow Research Given Choice Hotels (NYSE:CHH) a $95 Price Target

New York: Choice Hotels (NYSE:CHH) coverage was initiated with a key ‘”Buy”‘ rating as well as a $95 target price per share at Longbow Research. The price target by Longbow Research gives upside of 21.10 % from the previous close.

Choice Hotels International, Inc. (NYSE:CHH) Ratings Coverage

Among 3 analysts covering Choice Hotels (NYSE:CHH), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Choice Hotels has $95 highest and $8500 lowest target. $89.33’s average target is 13.87% above currents $78.45 stock price. Choice Hotels had 3 analyst reports since May 11, 2018 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, May 31. As per Friday, May 11, the company rating was downgraded by Wells Fargo.

The stock increased 0.84% or $0.65 during the last trading session, reaching $78.45. About 217,220 shares traded. Choice Hotels International, Inc. (NYSE:CHH) has risen 22.10% since September 8, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.

Analysts await Choice Hotels International, Inc. (NYSE:CHH) to report earnings on November, 5. They expect $1.15 earnings per share, up 21.05 % or $0.20 from last year’s $0.95 per share. CHH’s profit will be $65.13M for 17.05 P/E if the $1.15 EPS becomes a reality. After $1.11 actual earnings per share reported by Choice Hotels International, Inc. for the previous quarter, Wall Street now forecasts 3.60 % EPS growth.

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.44 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 30.96 P/E ratio. The firm franchises lodging properties under the proprietary brand names Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels and suites, and Ascend Hotel Collection.

More news for Choice Hotels International, Inc. (NYSE:CHH) were recently published by: Nasdaq.com, which released: “Research Report Identifies Inter Parfums, Cedar Realty Trust, Choice Hotels International, LendingClub, Kohl’s, and …” on August 31, 2018. Seekingalpha.com‘s article titled: “Confidence in the lodging sector” and published on August 14, 2018 is yet another important article.

Choice Hotels International, Inc. (NYSE:CHH) Institutional Positions Chart

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