Telsey Advisory disclosed Marriot Vacations (NYSE:VAC), bumping down its price target to $72.00 earlier today
- Updated: October 13, 2016
Indicating a possible upside of 0.15%, Telsey Advisory bumped down the target of Marriot Vacations (NYSE:VAC) to $72.00
Yesterday Marriot Vacations (NYSE:VAC) traded -8.88% lower at $62.72. The company’s 50-day moving average is $74.01 and its 200-day moving average is $68.51. The last stock close price is down -8.45% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,086,778 shares of the stock were exchanged, up from an average trading volume of 309,462
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Marriot Vacations has a 52 week low of $45.95 and a 52 week high of $80.27 with a P/E ratio of 16.51 The company’s market cap is currently $0.
In addition to Telsey Advisory reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $69.36 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Marriot Vacations (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.
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