Choice Hotels International, In with ticker code (CHH) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 145 and 108 and has a mean target at 125.38. Given that the stocks previous close was at 120.83 this indicates there is a potential upside of 3.8%. The 50 day moving average now sits at 114.92 and the 200 day moving average is 128.78. The market capitalisation for the company is $6,800m. Find out more information at: https://www.choicehotels.com
The potential market cap would be $7,056m 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 August 11, 2022, it had approximately 7,500 hotels with approximately 650,000 rooms in 46 countries and territories. Choice Hotels International was founded in 1939 and is headquartered in Rockville, Maryland.
