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

February 6, 2013 12:53 PM EST
Get Alerts WYN Hot Sheet
Price: $77.15 --0%

Rating Summary:
    6 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 23 | Down: 31 | New: 34
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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.

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