Price Targets on Cogdell Spencer Inc (NYSE: CSA), Dell Inc. (NASDAQ: DELL), Hewlett-Packard (NYSE: HPQ), Inter Parfums Inc (NASDAQ: IPAR) and Interval Leisure Group Inc (NASDAQ: IILG) updated by analysts.
Brean Murray raised their price target on Cogdell Spencer Inc (CSA) to $19.00.
Stifel Nicolaus raised their price target on Dell Inc. (DELL) from $18.00 to $20.00. They have a “buy” rating on the company.
Bank of America (NYSE:BAC) cut their price target on Hewlett-Packard (HPQ) to $44.00.
Oppenheimer raised their price target on Inter Parfums Inc (IPAR) to $25.00.
Goldman Sachs (NYSE:GS) cut their price target on Interval Leisure Group Inc (IILG) to $16.00.
Showing posts with label Interval Leisure Group. Show all posts
Showing posts with label Interval Leisure Group. Show all posts
Wednesday, May 18, 2011
Tuesday, May 10, 2011
Price Targets on (FE) (DIOD) (FLR) (HOGS) (IILG) Updated
Price targets on FirstEnergy Corp. (NYSE: FE), Diodes (NASDAQ: DIOD), Fluor Co. (NYSE: FLR), ZHONGPIN INC. (NASDAQ: HOGS) and Interval Leisure Group Inc (NASDAQ: IILG) updated by analysts.
Citigroup (NYSE:C) raised their price target on FirstEnergy Corp. (FE) from $36.00 to $41.00. They have a “hold” rating on the company. They cited valuation as the catalyst behind their call.
Longbow Research raised their price target on Diodes (DIOD) from $37.00 to $41.00. They have a “buy” rating on the company.
FBR Capital cut their price target on Fluor Co. (FLR) from $84.00 to $81.00. They have an “outperform” rating on the company.
Maxim Group raised their price target on ZHONGPIN INC. (HOGS) from $18.00 to $20.00. They have a “buy” rating on the company.
FBR Capital cut their price target on Interval Leisure Group Inc (IILG) from $21.00 to $19.00. They have an “outperform” rating on the company.
Citigroup (NYSE:C) raised their price target on FirstEnergy Corp. (FE) from $36.00 to $41.00. They have a “hold” rating on the company. They cited valuation as the catalyst behind their call.
Longbow Research raised their price target on Diodes (DIOD) from $37.00 to $41.00. They have a “buy” rating on the company.
FBR Capital cut their price target on Fluor Co. (FLR) from $84.00 to $81.00. They have an “outperform” rating on the company.
Maxim Group raised their price target on ZHONGPIN INC. (HOGS) from $18.00 to $20.00. They have a “buy” rating on the company.
FBR Capital cut their price target on Interval Leisure Group Inc (IILG) from $21.00 to $19.00. They have an “outperform” rating on the company.
Thursday, December 23, 2010
Wyndam (NYSE:WYN), Intercontinental (NYSE:IHG), Choice Hotels (NYSE:CHH), Interval Leisure (Nasdaq:IILG) Top FBR Hotel Picks
Commenting on the hotel sector, FBR said their favorite picks at this time are Wyndam (NYSE:WYN), Intercontinental Hotels (NYSE:IHG), Choice Hotels (NYSE:CHH) and Interval Leisure Group(Nasdaq:IILG), based on strength in the upper-upscale segments.
FBR noted, "In our view, we see good investing opportunities, especially in names that have higher exposure to the upscale, midscale, and the economy segments where RevPAR is beginning to outpace gains in the upper-upscale segments. The names we favor most are Wyndam, Intercontinental Hotels, Choice Hotels , and Interval Leisure Group, with the common characteristic being greater exposure to chain scale segments, high-single- to low-double-digit free cash flow yields, and opportunity for valuation multiple expansion, which we see as less likely in names such as Host (NYSE:HST), Marriott (NYSE:MAR), Starwood (NYSE:HOT), and Hyatt (NYSE:H).
"So far, quarter-to-date transient and group segment trends are shaping up to be stronger than in the third quarter of this year. We observe all U.S. transient occupancies to be higher by 180 bps (was +150 bps in 3Q), group occupancies to be higher by 230 bps (was +200 bps in 3Q), transient ADR to be tracking higher by 4.1% (was +4.4% in 3Q), and group ADR to be tracking +0.7% (was –1.0% in 3Q) through the quarter to date ending December 4. Of note, group ADR trended higher by this magnitude for the first time since late 2008."
Wyndam closed Wednesday at $31.02, down $0.06, or 0.19 percent. Intercontinental Hotels closed at $19.62, level from the prior close. Choice Hotels ended the session at $39.31, up $0.30, or 0.77 percent. Interval Leisure closed at $17.08, down $0.26, or 1.50 percent.
FBR noted, "In our view, we see good investing opportunities, especially in names that have higher exposure to the upscale, midscale, and the economy segments where RevPAR is beginning to outpace gains in the upper-upscale segments. The names we favor most are Wyndam, Intercontinental Hotels, Choice Hotels , and Interval Leisure Group, with the common characteristic being greater exposure to chain scale segments, high-single- to low-double-digit free cash flow yields, and opportunity for valuation multiple expansion, which we see as less likely in names such as Host (NYSE:HST), Marriott (NYSE:MAR), Starwood (NYSE:HOT), and Hyatt (NYSE:H).
"So far, quarter-to-date transient and group segment trends are shaping up to be stronger than in the third quarter of this year. We observe all U.S. transient occupancies to be higher by 180 bps (was +150 bps in 3Q), group occupancies to be higher by 230 bps (was +200 bps in 3Q), transient ADR to be tracking higher by 4.1% (was +4.4% in 3Q), and group ADR to be tracking +0.7% (was –1.0% in 3Q) through the quarter to date ending December 4. Of note, group ADR trended higher by this magnitude for the first time since late 2008."
Wyndam closed Wednesday at $31.02, down $0.06, or 0.19 percent. Intercontinental Hotels closed at $19.62, level from the prior close. Choice Hotels ended the session at $39.31, up $0.30, or 0.77 percent. Interval Leisure closed at $17.08, down $0.26, or 1.50 percent.
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