Zacks Investment Research downgraded Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) to Sell in a report released today.
- Updated: September 20, 2016
Zacks Investment Research has downgraded Starwood Hotels & Resorts Worldwide Inc(NYSE:HOT) to Sell in a statement released on 9/20/2016.
Yesterday Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) traded 2.50% higher at $75.18. The company’s 50-day moving average is $77.47 and its two hundred day average is $77.08. The last stock price close is down 0.15% relative to the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. Trade volume was up over the average, with 9,665,223 shares of HOT changing hands over the typical 1,478,860 shares..
Starwood Hotels & Resorts Worldwide Inc has a P/E of 158 with a 52 week low of $56.87 and a 52 week high of $84.37. The company’s market cap is currently $0.0.
Also covering Starwood Hotels & Resorts Worldwide Inc’s stock price target, a total of 15 equity analysts have released a research note on the company. The average target is $81.00 with 0 rating the company a strong buy, two analysts rating the company a buy, 17 firms rating the stock a hold, one brokerage rating the company to underperform, and lastly one analystrating the stock as sell.
Brief Synopsis About Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)
Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Company’s hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company manages and operates its hotel business in three hotel segments: the Americas; Europe, Africa and the Middle East (EAME), and Asia Pacific. Its vacation ownership and residential business is a separate segment. The Company conducts its hotel and leisure business both directly and through its subsidiaries. It owns Starwood Vacation Ownership, Inc., a provider of vacation experiences through villa-style resorts and access to Starwood brands. The Starwood Preferred Guest program is its traveler, customer loyalty and multi-brand marketing program. The Company also develops, owns and operates vacation ownership resorts, and and markets and sells the vacation ownership Interests in the resorts.
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