Wyndham Hotels & Resorts (NYSE:WH) Price Target Lowered to $88.00 at Robert W. Baird

Wyndham Hotels & Resorts (NYSE:WH – Get Rating) had its price objective lowered by Robert W. Baird from $96.00 to $88.00 in a note issued to investors on Friday, The Fly reports. Robert W. Baird’s price objective points to a potential upside of 26.78% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Stifel Nicolaus dropped their price target on Wyndham Hotels & Resorts from $99.00 to $85.50 in a research report on Wednesday, July 6th. Barclays began coverage on Wyndham Hotels & Resorts in a research report on Tuesday, June 28th. They set an “equal weight” rating and a $77.00 price target on the stock. Finally, StockNews.com lowered Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, June 29th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $87.75.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock opened at $69.41 on Friday. The firm has a market cap of $6.39 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.47 and a beta of 1.52. Wyndham Hotels & Resorts has a fifty-two week low of $62.89 and a fifty-two week high of $93.86. The business’s 50 day moving average price is $70.82 and its 200-day moving average price is $79.55. The company has a debt-to-equity ratio of 1.78, a quick ratio of 2.13 and a current ratio of 2.13.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 30,331 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $79.94, for a total transaction of $2,424,660.14. Following the completion of the transaction, the general counsel now owns 11,680 shares in the company, valued at $933,699.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.91% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Prospera Financial Services Inc purchased a new position in shares of Wyndham Hotels & Resorts in the first quarter worth $26,000. Meeder Asset Management Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the first quarter worth $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of Wyndham Hotels & Resorts in the first quarter worth $27,000. Glassman Wealth Services raised its stake in shares of Wyndham Hotels & Resorts by 123.9% in the fourth quarter. Glassman Wealth Services now owns 365 shares of the company’s stock worth $33,000 after purchasing an additional 202 shares during the last quarter. Finally, Allegheny Financial Group LTD purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth $33,000. Hedge funds and other institutional investors own 92.63% of the company’s stock.

About Wyndham Hotels & Resorts

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.