Analyst David Katz of Jefferies reiterated a Buy rating on Wyndham Hotels & Resorts (WH – Research Report), boosting the price target to $125.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
David Katz has given his Buy rating due to a combination of factors including Wyndham Hotels & Resorts’ promising growth outlook and strategic positioning in the mid-lower chain scales. The company’s guidance suggests an acceleration in growth from 2026 onward, driven by a strong pipeline of hotels in higher revenue categories and innovative non-RevPAR revenue strategies. Additionally, Wyndham’s valuation remains attractive, being the lowest within the C-corp coverage by Jefferies, which enhances its appeal for investors.
Recent financial results also support the Buy rating, with the company exceeding revenue and adjusted EBITDA expectations for the fourth quarter of 2024. The global RevPAR increased notably, indicating strong performance in key metrics. Furthermore, Wyndham’s robust unit and pipeline growth, with a record high retention rate, suggests sustained long-term growth potential. The projected ancillary revenue growth and strategic infrastructure spending are expected to further bolster the company’s financial performance, contributing to the positive outlook.
In another report released today, Barclays also maintained a Buy rating on the stock with a $121.00 price target.
WH’s price has also changed dramatically for the past six months – from $73.030 to $107.320, which is a 46.95% increase.