Wyndham Hotels & Resorts (NYSE:WH) Upgraded at Redburn Atlantic

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by equities researchers at Redburn Atlantic from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a $115.00 price target on the stock. Redburn Atlantic’s price target suggests a potential upside of 26.71% from the stock’s current price.

Several other research firms have also weighed in on WH. Wells Fargo & Company lifted their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. The Goldman Sachs Group increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Stifel Nicolaus boosted their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Truist Financial dropped their price objective on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Jefferies Financial Group lifted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $116.08.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $90.76 on Monday. The firm has a fifty day moving average of $102.92 and a two-hundred day moving average of $95.09. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $7.06 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont boosted its holdings in Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after buying an additional 234 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after buying an additional 190 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after acquiring an additional 108 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.