La Quinta Holdings (LQ) : Zacks Investment Research ranks La Quinta Holdings (LQ) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 3.14, which indicates as a Hold.
La Quinta Holdings (LQ) : The highest short term price target forecast on La Quinta Holdings (LQ) is $18 and the lowest target price is $11. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $13.67 with a standard deviation of $3.79.
Company shares have received an average consensus rating of Hold for the current week
La Quinta Holdings (NYSE:LQ): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.00 and $12.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.40, notching a gain of 4.03% for the day. The total traded volume was 1,323,051 . The stock had closed at $11.92 on the previous day.
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.