Choice Hotels International, In with ticker code (CHH) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 170 and 128 with a mean TP of 140.33. Now with the previous closing price of 120.31 this now indicates there is a potential upside of 16.6%. There is a 50 day moving average of 133.63 and the 200 day MA is 138.54. The market capitalisation for the company is $6,702m. Company Website: https://www.choicehotels.com
The potential market cap would be $7,817m 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 December 31, 2021, it had 7,030 hotels with 579,746 rooms located in 50 states, the District of Columbia and approximately 40 countries and territories. Choice Hotels International was founded in 1939 and is headquartered in Rockville, Maryland.
