Wyndham Worldwide Corp (WYN) : 5 analysts are covering Wyndham Worldwide Corp (WYN) and their average rating on the stock is 1.4, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Wyndham Worldwide Corp (WYN) : 6 investment research analysts covering Wyndham Worldwide Corp (WYN) have an average price target of $83.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $94 and the lowest target is $62 for the short term. Analysts expect the variance to be within $11.73 of the average price.
Also, Major Brokerage house, Deutsche Bank maintains its ratings on Wyndham Worldwide Corp (NYSE:WYN). In the latest research report, Deutsche Bank lowers the target price from $64 per share to $62 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on July 28, 2016.
Wyndham Worldwide Corp (NYSE:WYN): After opening at $67.13, the stock dipped to an intraday low of $66.83 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $68.14 and the buying power remained strong till the end. The stock closed at $68.05 for the day, a gain of 1.42% for the day session. The total traded volume was 733,568. The stocks close on the previous trading day was $67.1.
Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. The Company operates through three segments: Lodging, which franchises hotels in the upscale, upper midscale, midscale, economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals, which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties, and Vacation ownership, which develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.