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Research analysts at FBR Capital Markets upped their target price on shares of Wyndham Worldwide (NYSE:WYN) from $85.00 to $87.00 in a report released on Friday. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ target price would indicate a potential upside of 11.35% from the stock’s previous close.

Shares of Wyndham Worldwide (NYSE:WYN) opened at 78.13 on Friday. Wyndham Worldwide has a 52 week low of $58.00 and a 52 week high of $78.98. The stock has a 50-day moving average of $75.37 and a 200-day moving average of $73.03. The company has a market cap of $9.923 billion and a P/E ratio of 20.88.

Wyndham Worldwide (NYSE:WYN) last posted its quarterly earnings results on Thursday, July 24th. The company reported $1.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.14 by $0.03. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the company posted $0.98 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts expect that Wyndham Worldwide will post $4.41 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Wyndham Worldwide in a research note on Wednesday, July 9th. They now have a $73.00 price target on the stock, up previously from $68.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Wyndham Worldwide in a research note on Thursday, June 19th. They now have a $77.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Wyndham Worldwide from $82.00 to $85.00 in a research note on Friday, June 6th. They now have an “overweight” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $80.36.

Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers an array of hospitality services and products across various accommodation alternatives and price ranges through its portfolio of brands.

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