Marriott International (MAR) has risen sharply, recording gains of 1.53% in the past 4 weeks. However, the stock has corrected -1.58% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.75% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.6% and the fifty day Moving Average is 3.99%. Marriott International, Inc. is up 9.79% in the last three month period. Year-to-Date the stock performance stands at 9.49%.
Marriott International (MAR) stock is expected to deviate a maximum of $6.25 from the average target price of $73.46 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $82 and the most muted being $61.
Marriott International (NASDAQ:MAR): On Fridays trading session , Opening price of the stock was $73.31 with an intraday high of $73.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $72.55. However, the stock managed to close at $72.8, a loss of 0.31% for the day. On the previous day, the stock had closed at $73.03. The total traded volume of the day was 2,270,336 shares.
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.