Choice Hotels International, In with ticker code (CHH) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 170 and 108 calculating the average target price we see 130. Now with the previous closing price of 111.78 this would imply there is a potential upside of 16.3%. The 50 day moving average now sits at 118.36 and the 200 day MA is 136.32. The market capitalisation for the company is $6,355m. You can visit the company’s website by visiting: https://www.choicehotels.com
The potential market cap would be $7,391m based on the market concensus.
Choice Hotels International, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection. The company also develops and markets cloud-based property management software to non-franchised hoteliers. As of March 31, 2022, it had approximately 7,000 hotels with approximately 600,000 rooms in 35 countries and territories. Choice Hotels International was founded in 1939 and is headquartered in Rockville, Maryland.
