Barclays Remains a Buy on Wyndham Hotels & Resorts (WH)

Barclays analyst Brandt Montour maintained a Buy rating on Wyndham Hotels & Resorts today and set a price target of $104.00.

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According to TipRanks, Montour is a 4-star analyst with an average return of 6.8% and a 52.98% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Norwegian Cruise Line, and Churchill Downs.

In addition to Barclays, Wyndham Hotels & Resorts also received a Buy from J.P. Morgan’s Daniel Politzer in a report issued on May 5. However, on May 4, Susquehanna maintained a Hold rating on Wyndham Hotels & Resorts (NYSE: WH).

Based on Wyndham Hotels & Resorts’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $327 million and a net profit of $61 million. In comparison, last year the company earned a revenue of $316 million and had a net profit of $61 million

Based on the recent corporate insider activity of 100 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. Earlier this month, Nicola Rossi, the CAO of WH sold 7,055.00 shares for a total of $601,015.45.