Baird analyst Michael Bellisario maintains $Wyndham Hotels & Resorts (WH.US)$ with a buy rating, and adjusts the target price from $92 to $97.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 5.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Wyndham Hotels & Resorts (WH.US)$'s main analysts recently are as follows:
Wyndham Hotels is positioned to demonstrate some near-term recovery in Revenue per Available Room (RevPAR) when compared to its larger-cap counterparts, due to a 'unique set of circumstances.' Additionally, the stock's relative valuation discount appears inconsistent with its ongoing development momentum.
The firm maintains a positive outlook on Wyndham Hotels' operations, especially noting the momentum in net unit growth, and sustains the perspective that the valuation is reasonable for an asset-light company with a growth profile that is showing signs of acceleration.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
