Short Term Price Target on Diamond Resorts International (DRII)

Diamond Resorts International (NYSE:DRII) : The highest short term price target forecast on Diamond Resorts International (NYSE:DRII) is $42 and the lowest target price is $26. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $35.75 with a standard deviation of $7.14.

Shares of Diamond Resorts International, Inc. rose by 15.1% in the last five trading days and 27.22% for the last 4 weeks. Diamond Resorts International, Inc. is up 27.38% in the last 3-month period. Year-to-Date the stock performance stands at 17.44%. Also, MKM Partners initiates coverage on Diamond Resorts International (NYSE:DRII). The shares have now been rated Buy by the stock experts at the ratings house. MKM Partners announces the current price target of $27 per share on Diamond Resorts International . The rating by the firm was issued on April 15, 2016.

Diamond Resorts International (NYSE:DRII) : Zacks Investment Research ranks Diamond Resorts International (NYSE:DRII) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 3 research analysts is 1, which indicates as a Strong Buy.

Diamond Resorts International (NYSE:DRII): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.84 and $29.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.96, notching a gain of 0.57% for the day. The total traded volume was 14,180,101 . The stock had closed at $29.79 on the previous day.

Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.