Analyst Price Target Update on Diamond Resorts International (NYSE:DRII)

Diamond Resorts International (NYSE:DRII): According to 4 Analysts, The short term target price has been estimated at $ 35.75.The target price could deviate by a maximum of $7.14 from the forecast price. In the near term, the target price could hit a high of $42 and a low of $ 26.

Many analysts have stated their opinion on the company shares. MKM Partners initiates coverage on Diamond Resorts International (NYSE:DRII) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $27 per share. The rating by the firm was issued on April 15, 2016. For the current week, the company shares have a recommendation consensus of Buy.

Diamond Resorts International (NYSE:DRII) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.16 points or 4.63% at $23.9 with 1,311,047 shares getting traded. Post opening the session at $24.64, the shares hit an intraday low of $23.345 and an intraday high of $24.84 and the price was in this range throughout the day. The company has a market cap of $1,666 million and the number of outstanding shares have been calculated to be 69,719,619 shares. The 52-week high of Diamond Resorts International (NYSE:DRII) is $34.93 and the 52-week low is $16.19.

Diamond Resorts International, Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services, and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11,000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries, which it does not manage and do not carry its brand, but are a part of its network and, through the Clubs, which are available for its members to use as vacation destinations. The Company offers Vacations for Life, which is a way to acquire a lifetime of vacations at destinations across the world.

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