Analyst Positive on Wyndham (WYN), Strength Seen in Timeshare

Article Related Press Releases (1) Related Articles (1) Stock Quotes (2) Comments (0)

Wyndham Worldwide Corporation (NYSE: WYN) stock climbed today following positive Q4 results released yesterday. Investors were especially impressed with Wyndham's timeshare results, with revenue growth higher by 12 percent year-over-year.

"We believe the stock should be higher following these earnings and guidance. Strength in the timeshare business should have a positive read-across for Marriott Vacation (NYSE: VAC)," said Christopher Agnew.

Agnew said he believes the company's favorable capital allocation policy and its disciplined M&A track record warrant a high multiple.

MKM Partners has a Buy rating on Wyndham Worldwide with a price target of $75.00 (from $75.00).

For an analyst ratings summary and ratings history on Wyndham Worldwide (NYSE: WYN) click here. For more ratings news on Wyndham Worldwide click here.

Shares of Wyndham Worldwide closed at $56.20 yesterday, with a 52 week range of $40.73-$57.35.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• KeyBank Upgrades MDC Holdings (MDC); Cuts PulteGroup (PHM) & Ryland Group (RYL)
• The ExOne Company (XONE) Metal Opportunity to Keep Stock Going - FBR
• Deutsche Bank Upgrades Seagate (STX) to Buy; Sanmina (SANM) Cut to Sell, Flextronics (FLEX) & Fabrinet (FN) Cut to Hold

Create E-mail Alert Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?