Barclays Keeps Their Buy Rating on Wyndham Hotels & Resorts (WH)

In a report released today, Brandt Montour from Barclays maintained a Buy rating on Wyndham Hotels & Resorts (WH – Research Report), with a price target of $87.00. The company’s shares closed yesterday at $69.31.

Montour covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Royal Caribbean, and Wynn Resorts. According to TipRanks, Montour has an average return of 9.2% and a 51.27% success rate on recommended stocks.

Wyndham Hotels & Resorts has an analyst consensus of Strong Buy, with a price target consensus of $92.60, which is a 33.60% upside from current levels. In a report released on April 10, Morgan Stanley also maintained a Buy rating on the stock with a $92.00 price target.

Based on Wyndham Hotels & Resorts’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $320 million and a net profit of $49 million. In comparison, last year the company earned a revenue of $334 million and had a net profit of $56 million

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Wyndham Hotels & Resorts (WH) Company Description:

Wyndham Hotels & Resorts, Inc. engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising and Hotel Management. The Hotel Franchising segment offers licenses of brand names and associated trademarks to hotel owners under long-term franchise agreements. The Hotel Management segment provides management services. The company was founded in 1990 and is headquartered in Parsippany, NJ.