Goldman Sachs Sticks to Their Hold Rating for Wyndham Hotels & Resorts (WH)

Goldman Sachs analyst Lizzie Dove maintained a Hold rating on Wyndham Hotels & Resorts on April 6 and set a price target of $88.00.

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According to TipRanks, Dove is a 2-star analyst with an average return of 0.4% and a 46.07% success rate. Dove covers the Consumer Cyclical sector, focusing on stocks such as Hyatt Hotels, Royal Caribbean, and Hilton Worldwide Holdings.

Currently, the analyst consensus on Wyndham Hotels & Resorts is a Strong Buy with an average price target of $96.45.

Based on Wyndham Hotels & Resorts’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $334 million and a GAAP net loss of $60 million. In comparison, last year the company earned a revenue of $341 million and had a net profit of $85 million

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WH in relation to earlier this year. Last month, Monica Melancon, the Chief Human Resource Officer of WH sold 10,137.00 shares for a total of $756,251.38.