Choice Hotels International, In found using ticker (CHH) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 170 and 119 calculating the average target price we see 141.9. Given that the stocks previous close was at 148.35 this indicates there is a potential downside of -4.3%. The 50 day MA is 147.52 and the 200 day moving average is 131.19. The market capitalisation for the company is $8,106m. Company Website: https://www.choicehotels.com
The potential market cap would be $7,754m 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 September 30, 2021, it had 7,100 hotels with 600,000 rooms located in 50 states, the District of Columbia and approximately 40 countries and territories. The company was founded in 1939 and is based in Rockville, Maryland.
