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FBR Capital Markets raised their price target on shares of Choice Hotels International (NYSE:CHH) from $40.00 to $44.00 in a research note issued on Wednesday, American Banking & Market News reports. The firm currently has a “market perform” rating on the stock. FBR Capital Markets’ price target suggests a potential downside of 8.41% from the company’s current price.

Shares of Choice Hotels International (NYSE:CHH) opened at 48.04 on Wednesday. Choice Hotels International has a 52-week low of $36.19 and a 52-week high of $50.37. The stock’s 50-day moving average is $48.5 and its 200-day moving average is $44.90. The company has a market cap of $2.786 billion and a P/E ratio of 25.96.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $180.70 million for the quarter, compared to the consensus estimate of $186.39 million. On average, analysts predict that Choice Hotels International will post $1.91 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of Choice Hotels International from $41.00 to $46.00 in a research note on Tuesday, January 21st. They now have an “underweight” rating on the stock. Analysts at MKM Partners raised their price target on shares of Choice Hotels International from $39.00 to $44.00 in a research note on Wednesday, December 18th. They now have a “neutral” rating on the stock. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $42.80.

Choice Hotels International, Inc(NYSE:CHH) is one of the hotel franchisors with 6,243 hotels open and 482 hotels under construction, awaiting conversion or approved for development as of December 31, 2012 representing 499,253 rooms open and 38,969 rooms under construction, awaiting conversion or approved for development in 49 states, the District of Columbia and over 35 countries and territories outside the United States.

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