Barclays has revised its price target for Choice Hotels (CHH, Financial), lowering it from $132 to $111. This adjustment is part of a first-quarter earnings preview focused on C-corporations in the lodging industry. Despite maintaining an 'Underweight' rating on Choice Hotels shares, the financial institution suggests that the overall lodging outlook is likely to decline as various challenges accumulate.
The analyst highlights that while Barclays has reduced the revenue per available room (RevPAR) estimates across the sector, the enduring strength of the fee-based models in these businesses should support sustained profitability. This resilience may help offset some of the negative impacts from the anticipated headwinds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Choice Hotels International Inc (CHH, Financial) is $140.53 with a high estimate of $165.00 and a low estimate of $124.00. The average target implies an upside of 16.33% from the current price of $120.80. More detailed estimate data can be found on the Choice Hotels International Inc (CHH) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Choice Hotels International Inc's (CHH, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Choice Hotels International Inc (CHH, Financial) in one year is $154.54, suggesting a upside of 27.93% from the current price of $120.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Choice Hotels International Inc (CHH) Summary page.
