Marriott International (MAR) : The consensus on Marriott International (MAR) based on 15 analyst recommendation on the company stock is 2.4, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Marriott International (MAR).
Marriott International (MAR) : The consensus price target for Marriott International (MAR) is $74.58 for the short term with a standard deviation of $7.13. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $87, however, the pessimist price target for the company is $61.
Also, Bernstein initiates coverage on Marriott International (NASDAQ:MAR) . The global brokerage major announces a current price target of $87 per share. Analysts at the Bernstein have a current rating of Outperform on the shares. The rating by the firm was issued on September 9, 2016.
Marriott International (NASDAQ:MAR): After opening at $68.51, the stock dipped to an intraday low of $68.13 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.5 and the buying power remained strong till the end. The stock closed at $69.29 for the day, a gain of 1.17% for the day session. The total traded volume was 3,281,501. The stocks close on the previous trading day was $68.49.
Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service, North American Limited-Service and International. The Companys brands include The Ritz-Carlton, BVLGARI Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites by Marriott, Protea Hotels and Moxy Hotels. It operates, franchises, or licenses approximately 4,175 properties across the world, with around 714,765 rooms inclusive of around 41 home and condominium products.