Zacks Investment Research downgraded Marriott Vacations Worldwide Corp (NYSE:VAC) to Hold in a report released today.
- Updated: October 2, 2016
Yesterday Marriott Vacations Worldwide Corp (NYSE:VAC) traded 0.95% higher at $71.89. The company’s 50-day moving average is $75.46 and its 200-day moving average is $68.29. The last closing price is up 7.37% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 123,945 shares of VAC traded hands, down from an average trading volume of 282,659
Zacks Investment Research has downgraded Marriott Vacations Worldwide Corp (NYSE:VAC) to Hold in a report released on 9/28/2016.
Previously on Friday July 22, 2016, Telsey Advisory Group reported on Marriott Vacations Worldwide Corp (NYSE:VAC) raised the target price from $69.00 to $83.00. At the time, this indicated a possible upside of 0.10%.
With a total market value of $0, Marriott Vacations Worldwide Corp has price-earnings ratio of 19.29 with a one year low of $45.95 and a one year high of $80.27 .
A total of 7 equity analysts have released a research note on VAC. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, four brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $69.36.
Brief Synopsis On Marriott Vacations Worldwide Corp (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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