Choice Hotels International Inc (NYSE:CHH) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 30, 2016
Showing a price of $51.45, Choice Hotels International Inc (NYSE:CHH) traded 0.10% higher on the day. With the last stock price close up 10.02% from the 200-day moving average, compared to the S&P 500 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. 214,961 shares of Choice Hotels International Inc exchanged hands, down from an avg. volume of 232,088
Zacks Investment Research has downgraded Choice Hotels International Inc (NYSE:CHH) to Hold in a report released on 11/30/2016.
On Tuesday November 29, 2016, Zacks Investment Research released a statement about Choice Hotels International Inc (NYSE:CHH) bumped up the target price from $0.00 to $58.00 that suggested an upside of 0.11%.
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Choice Hotels International Inc has 52 week low of $40.78 and a 52 week high of $54.32 with a P/E ratio of 21.60 and has a market cap 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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