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

Choice Hotels International (NYSE:CHH - Get Free Report) had its price target upped by stock analysts at Susquehanna from $130.00 to $155.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Susquehanna's price objective points to a potential upside of 8.32% from the stock's previous close.

A number of other research firms have also recently commented on CHH. Jefferies Financial Group boosted their price target on Choice Hotels International from $150.00 to $152.00 and gave the stock a "hold" rating in a report on Thursday, January 2nd. Bank of America lifted their price target on shares of Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a report on Monday, January 27th. Barclays increased their price objective on shares of Choice Hotels International from $129.00 to $132.00 and gave the company an "underweight" rating in a research note on Friday, February 21st. The Goldman Sachs Group boosted their target price on shares of Choice Hotels International from $118.00 to $138.00 and gave the stock a "sell" rating in a research note on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Choice Hotels International from $113.00 to $114.00 and gave the company a "hold" rating in a research note on Tuesday, November 5th. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $139.92.

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Choice Hotels International Stock Performance

Shares of CHH stock traded down $0.17 during trading on Tuesday, hitting $143.10. The company had a trading volume of 828,790 shares, compared to its average volume of 380,600. The firm has a market capitalization of $6.69 billion, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23. Choice Hotels International has a one year low of $108.91 and a one year high of $157.86. The stock's 50-day moving average price is $145.45 and its 200 day moving average price is $139.21.

Choice Hotels International (NYSE:CHH - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $1.55 earnings per share 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 firm had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. On average, research analysts anticipate that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dominic Dragisich sold 3,500 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $148.30, for a total value of $519,050.00. Following the sale, the executive vice president now directly owns 68,913 shares in the company, valued at approximately $10,219,797.90. The trade was a 4.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 24.02% of the stock is currently owned by corporate insiders.

Institutional Trading of Choice Hotels International

Institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC increased its holdings in Choice Hotels International by 33.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company's stock worth $2,193,000 after acquiring an additional 4,219 shares during the period. TD Private Client Wealth LLC increased its holdings in shares of Choice Hotels International by 30.1% in the third quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company's stock worth $1,940,000 after purchasing an additional 3,446 shares during the period. Twelve Points Wealth Management LLC bought a new position in shares of Choice Hotels International in the fourth quarter worth $879,000. Erste Asset Management GmbH purchased a new stake in shares of Choice Hotels International in the third quarter worth $19,545,000. Finally, Congress Asset Management Co. boosted its stake in Choice Hotels International by 17.3% during the fourth quarter. Congress Asset Management Co. now owns 82,131 shares of the company's stock valued at $11,661,000 after buying an additional 12,128 shares during the period. Hedge funds and other institutional investors 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.