Evercore ISI downgraded Marriott International Inc (NASDAQ:MAR) to Hold in a report released today.
- Updated: November 28, 2016
Evercore ISI has downgraded Marriott International Inc (NASDAQ:MAR) to Hold in a report released on 11/28/2016.
Previously on 2/22/2016, Barclays Capital reported on Marriott International Inc (NASDAQ:MAR) lowered the target price from $77.00 to $74.00. At the time, this indicated a possible upside of 0.11%.
Yesterday Marriott International Inc (NASDAQ:MAR) traded -0.38% lower at $78.32. The company’s 50-day moving average is $70.97 and its 200-day moving average is $69.47. The last closing price is up 12.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 959,641 shares of the stock were exchanged, down from an average trading volume of 3,827,730
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Marriott International Inc has a 52 week low of $56.43 and a 52 week high of $78.90 with a P/E ratio of 27.85 The company’s market cap is currently $0.
In addition to Evercore ISI reporting its target price, a total of 19 brokers have issued a report on the stock. The consensus target price is $76.16 with 3 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 12 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Marriott International Inc (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 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. Its loyalty programs include The Ritz-Carlton Rewards and Starwood Preferred Guest.
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