Marriott International Inc (NASDAQ:MAR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Zacks Investment Research has upgraded Marriott International Inc (NASDAQ:MAR) to Hold in a statement released on 11/29/2016.
Boasting a price of $78.07, Marriott International Inc (NASDAQ:MAR) traded 1.33% higher on the day. With the last stock price close up 13.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Marriott International Inc has recorded a 50-day average of $71.28 and a two hundred day average of $69.54. Volume of trade was down over the average, with 3,427,958 shares of MAR changing hands under the typical 3,845,480
With a total market value of $0, Marriott International Inc has price-earnings ratio of 28.16 with a one year low of $56.43 and a one year high of $79.58 .
A total of 19 equity analysts have released a ratings update on MAR. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, twelve equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $76.16.
Brief Synopsis 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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