Analysts who follow Travel + Leisure Co (TNL) on average expect it to rise 39.61% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 75, which means it ranks higher than 75 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating TNL a Strong Buy today. Find out what this means to you and get the rest of the rankings on TNL!
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Travel + Leisure Co Stock Today?
Travel + Leisure Co (TNL) stock is trading at $53.96 as of 1:51 PM on Thursday, Jul 29, a rise of $0.61, or 1.14% from the previous closing price of $53.35. Volume today is more active than usual. So far 1,470,034 shares have traded compared to average volume of 691,566 shares. The stock has traded between $52.55 and $54.55 so far today.
Click Here to get the full Stock Report for Travel + Leisure Co stock.