Credit Suisse Thinks Marriot Vacations’ Stock is Going to Recover


Credit Suisse analyst Cameron Mcknight maintained a Buy rating on Marriot Vacations (VAC) yesterday and set a price target of $120. The company’s shares closed yesterday at $75.80, close to its 52-week low of $75.39.

According to TipRanks.com, Mcknight is a 4-star analyst with an average return of 6.7% and a 48.2% success rate. Mcknight covers the Services sector, focusing on stocks such as International Game Technology, Wyndham Destinations Inc, and Las Vegas Sands.

Marriot Vacations has an analyst consensus of Moderate Buy, with a price target consensus of $139.

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Marriot Vacations’ market cap is currently $3.58B and has a P/E ratio of 19.39. The company has a Price to Book ratio of 1.02.

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Marriott Vacations Worldwide Corp. engages in developing, marketing, selling, and managing of vacation ownership and related products under the Ritz-Carlton Destination Club and Marriott brands. It operates through the following segments: North America, Europe, and Asia Pacific.

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