Deutsche Bank Sticks to Their Hold Rating for Choice Hotels International
Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Hold rating on Choice Hotels (NYSE:CHH) International on Monday, setting a price target of $70, which is approximately 5.29% below the present share price of $73.91.
Santarelli expects Choice Hotels International to post earnings per share (EPS) of $0.76 for the second quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Choice Hotels, with an average price target of $75.5.
The analysts price targets range from a high of $95 to a low of $60.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $268.08 million and a net profit of $68.63 million. The company's market cap is $4.13 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is a 4-star analyst with an average return of 2.8% and a 54.7% success rate.
Choice Hotels International, Inc. engages in hotel franchising and operations business. It operates through Hotel Franchising, and Corporate and Other segments. The Hotel Franchising segment refers to the hotel franchising operations consisting of the company's several hotel brands. The Corporate and Other segment deals with SkyTouch technology and international operations. The company was founded in 1939 and is headquartered in Rockville, MD.
