A statement released today by Goldman Sachs Group Inc. about Wyndham Worldwide Corporation (NYSE:WYN) raises the target price to $72.00
- Updated: September 25, 2016
Wyndham Worldwide Corporation (NYSE:WYN) had its target price raised to $72.00 by Goldman Sachs Group Inc. in a report released 9/26/2016. The new target price indicates a possible upside of 0.04% based on the company's last stock close price.
Previously on 04/27/2016, MKM Partners reported about Wyndham Worldwide Corporation (NYSE:WYN) raised the target price from $88.00 to $89.00. At the time, this indicated a possible upside of 0.23%.
Yesterday Wyndham Worldwide Corporation (NYSE:WYN) traded -1.63% lower at $68.90. The company’s 50-day moving average is $69.64 and its 200-day moving average is $71.59. The last stock close price is down -5.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 43,657 shares of the stock were exchanged, down from an average trading volume of 1,176,130
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Wyndham Worldwide Corporation has a 52 week low of $60.59 and a 52 week high of $82.99 with a P/E ratio of 13.40 The company’s market cap is currently $0.
In addition to Goldman Sachs Group Inc. reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $80.00 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Wyndham Worldwide Corporation (NYSE:WYN)
Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Hotel Group, Destination Network and Vacation Ownership. The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world. The Destination Network segment has over 112,000 vacation accommodations, located in approximately 100 countries. The Vacation Ownership segment has over 220 resorts and approximately 897,000 owners. Its brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.
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