A statement released earlier today by Telsey Advisory Group about Marriot Vacations Worldwide (NYSE:VAC) bumps down the target price to $72.00
- Updated: October 14, 2016
Having a price of $64.10, Marriot Vacations Worldwide (NYSE:VAC) traded -8.88% lower on the day. With the last stock price down -8.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VAC has recorded a 50-day average of $74.01 and a two hundred day average of $68.51. Trade Volume was up over the average, with 2,086,778 shares of VAC changing hands over the typical 309,462
Indicating a potential upside of 0.12%, Telsey Advisory Group lowered the target price of Marriot Vacations Worldwide (NYSE:VAC) to $72.00
Recent Performance Chart
Marriot Vacations Worldwide has 52 week low of $45.95 and a 52 week high of $80.27 with a PE ratio of 16.51 and has a market capitalization of $0.
In addition to Telsey Advisory Group reporting its stock price target, a total of 7 brokerages have issued a research note on the company. The average stock price target is $69.36 with 1 brokerage rating the stock a strong buy, 2 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Marriot Vacations Worldwide (NYSE:VAC)
Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. The Company develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand. The Company operates through three segments: North America, Europe and Asia Pacific. The Company's portfolio consists of approximately 60 properties in the United States and over eight other countries and territories. The Company's brands include The Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club and The Ritz-Carlton Residences. The Company also offers purchase money financing for purchasers of its vacation ownership products.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.