Starwood Hotels & Resorts Worldwide (HOT) has risen sharply, recording gains of 0.47% in the past 4 weeks. However, the stock has corrected -1.36% 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 0.69% 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 0.19% and the fifty day Moving Average is 2.35%. Starwood Hotels & Resorts Worldwide Inc. is up 6.4% in the last three month period. Year-to-Date the stock performance stands at 14.39%.
Starwood Hotels & Resorts Worldwide (HOT) stock is expected to deviate a maximum of $7.06 from the average target price of $81.25 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $93 and the most muted being $70.
Starwood Hotels & Resorts Worldwide (NYSE:HOT): On Fridays trading session , Opening price of the stock was $78.85 with an intraday high of $79.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.23. However, the stock managed to close at $78.43, a loss of 0.31% for the day. On the previous day, the stock had closed at $78.67. The total traded volume of the day was 967,233 shares.
Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Companys hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company owns Starwood Vacation Ownership, Inc., a provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. It manages and operates its hotel business in three hotel segments: the Americas, Europe, Africa and the Middle East (EAME), and Asia Pacific. Its vacation ownership and residential business is a separate segment. As of December 31, 2014, the Companys hotel business included 1,207 owned, managed or franchised hotels with approximately 346,600 rooms, comprising 36 hotels that it owns or leases or in which the Company has a majority equity interest, 583 hotels managed by the Company on behalf of third-party owners and 588 hotels for which it receives franchise fees.