Wyndham Hotels & Resorts Surpasses Analyst Target: What’s Next for Investors?
Recently, shares of Wyndham Hotels & Resorts Inc (Symbol: WH) have climbed above the average analyst 12-month target price of $104.15, currently trading at $104.83/share. When a stock hits an analyst’s target, the analyst typically faces two choices: either downgrade the rating due to valuation or adjust the target price upward. Their reaction often hinges on the underlying business developments influencing the stock’s rise.
Thirteen analysts contribute to the average target within Zacks Investment Research’s coverage of Wyndham Hotels & Resorts Inc. However, average figures can be misleading. For instance, while one analyst sets a target as low as $80.00, another anticipates reaching as high as $115.00. The current standard deviation stands at $9.546, indicating a variety of viewpoints on the stock’s potential.
Seeking the collective insight of multiple analysts provides the “wisdom of crowds.” With WH’s price exceeding the average target of $104.15/share, investors are encouraged to re-evaluate the company’s potential. They must ask themselves whether $104.15 is just a stepping stone towards even higher levels or if the valuation is becoming too stretched, warranting consideration of selling some shares. Below is the current sentiment among analysts covering Wyndham Hotels & Resorts Inc:
| Recent WH Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 10 | 10 | 10 | 9 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 2 | 1 | 1 | 1 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 1.35 | 1.21 | 1.21 | 1.23 |
The average rating shown in the last row indicates a scale from 1 to 5, with 1 being Strong Buy and 5 being Strong Sell. This analysis utilized data provided by Zacks Investment Research via Quandl.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
