Choice Hotels International, In with ticker code (CHH) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 145 and 108 with the average target price sitting at 126.56. Now with the previous closing price of 119.61 this would imply there is a potential upside of 5.8%. The 50 day MA is 116.19 and the 200 day moving average is 135.36. The market capitalisation for the company is $6,597m. Visit the company website at: https://www.choicehotels.com
The potential market cap would be $6,980m 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.
