Marriott International (MAR) : 11 investment research analysts covering Marriott International (MAR) have an average price target of $73.46 for the near short term. The highest target price given by the Brokerage Firm to the stock is $82 and the lowest target is $61 for the short term. Analysts expect the variance to be within $6.25 of the average price.
Marriott International (MAR) : The consensus on Marriott International (MAR) based on 14 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 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).
Also, Major Brokerage house, Citigroup maintains its ratings on Marriott International (NASDAQ:MAR). In the latest research report, Citigroup lowers the target price from $86 per share to $81 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 1, 2016.
Marriott International (NASDAQ:MAR): The stock opened at $71.40 on Thursday but the bulls could not build on the opening and the stock topped out at $71.95 for the day. The stock traded down to $70.88 during the day, due to lack of any buying support eventually closed down at $71.13 with a loss of -0.28% for the day. The stock had closed at $71.33 on the previous day. The total traded volume was 3,145,830 shares.
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.