Wells Fargo Maintains Their Hold Rating on Choice Hotels (CHH)


Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on Choice Hotels (CHH) yesterday. The company’s shares closed yesterday at $73.44.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 5.5% and a 60.5% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Hersha Hospitality Trust, and Host Hotels & Resorts.

The word on The Street in general, suggests a Hold analyst consensus rating for Choice Hotels with a $77.50 average price target.

See today’s analyst top recommended stocks >>

Based on Choice Hotels’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $79.51 million. In comparison, last year the company had a net profit of $47.26 million.

Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CHH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Choice Hotels International, Inc. franchises hotels. Its services include in the mid-scale, upper mid-scale and upscale hotels. It operates through Hotel Franchising, SkyTouch Technology, and Corporate and Other. The Hotel Franchising segment includes hotel franchising operations consisting of its twelve brands.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts