La Quinta Holdings (LQ) : The consensus on La Quinta Holdings (LQ) based on 7 analyst recommendation on the company stock is 3.14, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on La Quinta Holdings (LQ).
La Quinta Holdings (LQ) : The highest level La Quinta Holdings (LQ) is projected to reach is $17 for the short term and the lowest estimate is at $11. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $13 and the possibility the share price can swing is $3.46.
Shares of La Quinta Holdings Inc. appreciated by 2.52% during the last five trading days but lost 5.91% on a 4-week basis. La Quinta Holdings Inc. is up 2.7% in the last 3-month period. Year-to-Date the stock performance stands at -13.45%. La Quinta Holdings (NYSE:LQ): stock turned positive on Tuesday. Though the stock opened at $11.76, the bulls momentum made the stock top out at $11.8761 level for the day. The stock recorded a low of $11.73 and closed the trading day at $11.78, in the green by 0.43%. The total traded volume for the day was 229,113. The stock had closed at $11.73 in the previous days trading.
La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. The Companys segments include owned hotels and franchise and management. Owned hotels segment includes the operation of owned hotel properties located in the United States. Franchise and management segment operations include various franchise and management agreements relating to its owned, franchised and managed hotels. As of December 31, 2014, the Companys inventory consisted of 867 hotels representing approximately 86,500 rooms, located across 47 United States, as well as in Canada and Mexico, of which 353 hotels were owned and operated and 514 were franchised.