Analyst Rating Update on La Quinta Holdings (LQ)

La Quinta Holdings (LQ) has an average broker rating of 3.13, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

La Quinta Holdings (LQ) : Average target price received by La Quinta Holdings (LQ) is $13.67 with an expected standard deviation of $3.79. The most aggressive target on the stock is $18, whereas the most downbeat target is $11. 3 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week


La Quinta Holdings (NYSE:LQ): The stock opened at $11.72 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.00 for the day. The stock traded down to $11.16 during the day, due to lack of any buying support eventually closed down at $11.61 with a loss of -1.11% for the day. The stock had closed at $11.74 on the previous day. The total traded volume was 796,782 shares.

La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. The Companys segments include owned hotels and franchise and management. Owned hotels segment includes the operation of owned hotel properties located in the United States. Franchise and management segment operations include various franchise and management agreements relating to its owned, franchised and managed hotels. As of December 31, 2014, the Companys inventory consisted of 867 hotels representing approximately 86,500 rooms, located across 47 United States, as well as in Canada and Mexico, of which 353 hotels were owned and operated and 514 were franchised.

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