Brokerage Firm Rating Update on Marriott International (MAR)

Marriott International (MAR) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 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 considers that the stock is a Sell.

Marriott International (MAR) : The highest short term price target forecast on Marriott International (MAR) is $82 and the lowest target price is $61. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $73.46 with a standard deviation of $6.25.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Citigroup maintains its rating on Marriott International (NASDAQ:MAR). As per the latest information, the brokerage house lowers the price target to $81 per share from a prior target of $86. The shares have been rated Buy. The rating by the firm was issued on August 1, 2016.

Marriott International (NASDAQ:MAR): The stock opened at $70.45 and touched an intraday high of $70.6 on Wednesday. During the day, the stock corrected to an intraday low of $70.01, however, the bulls stepped in and pushed the price higher to close in the green at $70.4 with a gain of 0.44% for the day. The total traded volume for the day was 1,781,760. The stock had closed at $70.09 in the previous trading session.

Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service, North American Limited-Service and International. The Companys brands include The Ritz-Carlton, BVLGARI Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites by Marriott, Protea Hotels and Moxy Hotels. It operates, franchises, or licenses approximately 4,175 properties across the world, with around 714,765 rooms inclusive of around 41 home and condominium products.

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