Impact of Brokerage Rating on Marriott International(MAR)

Many Marriott International(MAR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Jan 10, 2017 to Hold, Raises Price Target to $ 78 from a previous price target of $67 .Company shares were Upgraded by MKM Partners on Dec 5, 2016 to Buy, Raises Price Target to $ 90 from a previous price target of $72 .

Company has reported several Insider transactions to the SEC, on Dec 29, 2016, Craig S. Smith (Pres. Mgn. Dir. Asia Pacific) sold 600 shares at 84.41 per share price.On Dec 19, 2016, Edward A Ryan (EVP & Gen. Counsel) sold 5,000 shares at 84.68 per share price.On Dec 15, 2016, David A Rodriguez (Chief Human Resources Officer) sold 12,000 shares at 85.00 per share price.

Marriott International Inc Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.88. The company had revenue of $3942.00 million for the quarter, compared to analysts expectations of $3852.63 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 EPS.

Marriott International (NASDAQ:MAR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.16 by 16 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.

Marriott International (NASDAQ:MAR): The stock price is expected to reach $ 83.36 in the short term. The number of analysts agreeing with this consensus is 14. The higher estimate for the short term price target is at $97 while the lower estimate is at $70. The standard deviation of the price stands at $8.14.

Marriott International (NASDAQ:MAR) rose 0.58% or 0.51 points on Tuesday and made its way into the gainers of the day. After trading began at $87.31 the stock was seen hitting $87.91 as a peak level and $87.06 as the lowest level. The stock ended up at $87.89. The daily volume was measured at 2,366,781 shares. The 52-week high of the share price is $87.91 and the 52-week low is $60.87. The company has a market cap of $34,319 million.

Marriott International, Inc. operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers.

Marriott

For any feedback and suggestions contact author at Joel.Marcotte@thefoundersdaily.com

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