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Wyndham Hotels & Resorts (WH) Gets a Buy from Bank of America Securities

Tipranks - Thu Jun 11, 11:08AM CDT

In a report released today, Dany Asad from Bank of America Securities maintained a Buy rating on Wyndham Hotels & Resorts, with a price target of $95.00.

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According to TipRanks, Asad is ranked #4110 out of 12239 analysts.

Currently, the analyst consensus on Wyndham Hotels & Resorts is a Strong Buy with an average price target of $97.60.

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. Last month, Nicola Rossi, the CAO of WH sold 7,055.00 shares for a total of $601,015.45.

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