Barclays Sticks to Their Buy Rating for Wyndham Hotels & Resorts (WH)

In a report released today, Brandt Montour from Barclays maintained a Buy rating on Wyndham Hotels & Resorts, with a price target of $94.00.

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According to TipRanks, Montour is a 4-star analyst with an average return of 8.6% and a 52.70% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Royal Caribbean, and Caesars Entertainment.

Wyndham Hotels & Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $87.25.

Based on Wyndham Hotels & Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $382 million and a net profit of $105 million. In comparison, last year the company earned a revenue of $396 million and had a net profit of $102 million

Based on the recent corporate insider activity of 96 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, Scott R. Strickland, the CCO of WH sold 29,103.00 shares for a total of $2,070,618.99.