La Quinta Holdings Inc (NYSE:LQ) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 25, 2016
Yesterday La Quinta Holdings Inc (NYSE:LQ) traded 0.74% higher at $12.26. The company’s 50-day moving average is $10.77 and its 200-day moving average is $11.40. The last closing price is up 7.55% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same period. Trade Volume was down over the average, with 704,730 shares of LQ changing hands under the typical 1,091,880
Zacks Investment Research has upgraded La Quinta Holdings Inc (NYSE:LQ) to Hold in a report released on Saturday November 26, 2016.
Recent Performance Chart
La Quinta Holdings Inc has PE ratio of 222.91 with a one year low of $9.42 and a one year high of $15.21 and has a market capitalization of $0.
A total of 8 analysts have released a report on La Quinta Holdings Inc. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $13.63.
General Company Details For La Quinta Holdings Inc (NYSE:LQ)
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 Company's segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment derives its earnings from the operation of owned hotel properties located in the United States. The Company operates its franchise and management segment under various franchise and management agreements relating to its owned, franchised and managed hotels. The corporate and other segment includes revenues generated by and related to operating expenses incurred in connection with the overall support and brand management of the Company's owned, managed and franchised hotels and operations. Its portfolio includes approximately 890 hotels representing approximately 87,500 rooms located predominantly across over 48 the United States' states, as well as in Canada, Mexico and Honduras.
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