Fintel reports that on January 6, 2025, Morgan Stanley initiated coverage of Travel + Leisure (NYSE:TNL) with a Overweight recommendation.
Analyst Price Forecast Suggests 12.95% Upside
As of December 23, 2024, the average one-year price target for Travel + Leisure is $57.88/share. The forecasts range from a low of $40.40 to a high of $69.30. The average price target represents an increase of 12.95% from its latest reported closing price of $51.25 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Travel + Leisure is 4,135MM, an increase of 7.99%. The projected annual non-GAAP EPS is 6.65.
What is the Fund Sentiment?
There are 789 funds or institutions reporting positions in Travel + Leisure. This is an increase of 18 owner(s) or 2.33% in the last quarter. Average portfolio weight of all funds dedicated to TNL is 0.14%, an increase of 14.66%. Total shares owned by institutions decreased in the last three months by 1.27% to 71,450K shares. 
The put/call ratio of TNL is 0.24, indicating a bullish outlook.
What are Other Shareholders Doing?
Gmt Capital holds 3,468K shares representing 5.07% ownership of the company. In its prior filing, the firm reported owning 3,760K shares , representing a decrease of 8.42%. The firm increased its portfolio allocation in TNL by 2.03% over the last quarter.
Invesco holds 3,381K shares representing 4.95% ownership of the company. In its prior filing, the firm reported owning 3,080K shares , representing an increase of 8.91%. The firm decreased its portfolio allocation in TNL by 91.17% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 2,181K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 2,217K shares , representing a decrease of 1.64%. The firm decreased its portfolio allocation in TNL by 7.95% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,130K shares representing 3.12% ownership of the company. In its prior filing, the firm reported owning 2,126K shares , representing an increase of 0.18%. The firm decreased its portfolio allocation in TNL by 3.61% over the last quarter.
VEIPX - Vanguard Equity Income Fund Investor Shares holds 2,082K shares representing 3.05% ownership of the company. No change in the last quarter.
Travel+Leisure Background Information
(This description is provided by the company.)
Travel + Leisure Co. is the world’s leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locations across the globe; Panorama, the world’s foremost membership travel business that includes the largest vacation exchange company, industry-leading travel technology, and subscription travel brands; and Travel + Leisure Group, featuring top online and print travel content, online booking platforms and travel clubs, and branded consumer products. At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences.
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