A statement released earlier today by Stifel about Marriott (NASDAQ:MAR) bumps the target price to $66.00
- Updated: September 25, 2016
Stifel bumped up the target of Marriott (NASDAQ:MAR) to $66.00 stating a potential downside of -0.04%.
On 09/23/2016, Telsey Advisory released a statement on Marriott (NASDAQ:MAR) bumped down the target price from $74.00 to $70.00 that suggested an upside of 0.00%.
Boasting a price of $68.44, Marriott (NASDAQ:MAR) traded -1.88% lower on the day. With the last close down -0.88% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Marriott has recorded a 50-day average of $71.14 and a two hundred day average of $69.05. Volume of trade was up over the average, with 11,921,133 shares of MAR changing hands over the typical 3,556,230
With a total market value of $0, Marriott has price-earnings ratio of 20.39 with a one year low of $56.43 and a one year high of $79.88 .
A total of 19 analysts have released a research note on MAR. Three analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $76.16.
More About Marriott (NASDAQ:MAR)
Marriott International, Inc. is a lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties in approximately 90 countries and territories under over 20 brand names. It also develops, operates and markets residential properties, and provides services to home or condominium owner associations. It operates through three segments: North American Full-Service, which includes brands, such as The Ritz-Carlton, EDITION, JW Marriott, Autograph Collection Hotels, Marriott Hotels, Delta Hotels and Resorts, and Renaissance Hotels located in the United States and Canada; North American Limited-Service, which includes brands, such as AC Hotels by Marriott, Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites properties and Fairfield Inn & Suites located in the United States and Canada, and International, which includes brands, such as Bulgari Hotels & Resorts, Protea Hotels and Moxy Hotels located outside the United States and Canada.
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