A report released today by Zacks Investment Research about Choice Hotels International Inc (NYSE:CHH) raises the target price to $58.00
- Updated: November 29, 2016
Choice Hotels International Inc (NYSE:CHH) had its stock price target increased to $58.00 by Zacks Investment Research in a report released 11/29/2016. The new stock price target indicates a possible upside of 0.11% from the company's previous close.
On 2/16/2016, Morgan Stanley released a statement on Choice Hotels International Inc (NYSE:CHH) dropped the target price from $47.00 to $46.00 that suggested an upside of 0.01%.
Having a price of $52.10, Choice Hotels International Inc (NYSE:CHH) traded 0.10% higher on the day. With the last close up 10.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. CHH has recorded a 50-day average of $47.84 and a two hundred day average of $47.35. Trade Volume was down over the average, with 214,961 shares of CHH changing hands under the typical 232,088
Recent Performance Chart
Choice Hotels International Inc has PE ratio of 21.60 with a one year low of $40.78 and a one year high of $54.32 and has a market capitalization of $0.
General Company Details For Choice Hotels International Inc (NYSE:CHH)
Choice Hotels International, Inc. (Choice) is a hotel franchisor. The Company operates in two segments: hotel franchising business and SkyTouch Technology (SkyTouch). It operates approximately 6,420 hotels open and over 720 hotels under construction, representing approximately 507,480 rooms open and over 58,130 rooms under construction, awaiting conversion or approved for development in approximately 50 states, the District of Columbia and over 35 countries and territories outside the United States. It franchises lodging properties under the brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Cambria hotels & suites and Ascend Hotel Collection (collectively, the Choice brands). SkyTouch division develops and markets cloud-based technology products, including inventory management, pricing and connectivity to third-party channels, to hoteliers not under franchise agreements with the Company.
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