Choice Hotels Receives a Hold from Deutsche Bank

By Austin Angelo

Deutsche Bank analyst Carlo Santarelli reiterated a Hold rating on Choice Hotels (NYSE: CHH) on October 27 and set a price target of $51. The company’s shares closed last Friday at $47.25.

According to TipRanks.com, Santarelli is a 4-star analyst with an average return of 4.8% and a 55.4% success rate. Santarelli covers the Services sector, focusing on stocks such as Pinnacle Entertainment, Isle of Capri Casinos, and Penn National Gaming.

Choice Hotels has an analyst consensus of Moderate Sell, with a price target consensus of $51.

Choice Hotels’ market cap is currently $2.65B and has a P/E ratio of 19.85. The company has a book value ratio of -7.0915.

Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Stephen Joyce, a the President & CEO of CHH bought 4,040 shares for a total of $99,990.

Choice Hotels International, Inc. franchises hotels. The company offers full service hotels in the economy, mid-scale and upscale segments. It franchises lodging properties under the brand names: Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria Suites and Ascend Collection. The company operates through two segments: Franchising & SkyTouch Technology. The Franchising segment includes the company’s hotel franchising operations consisting of its eleven brands. The SkyTouch Technology is a division of the company that develops and markets cloud-based technology products to hoteliers not under franchise agreements with the Company. Choice Hotels International was founded in 1996 and is headquartered in Silver Spring, MD.