In a report issued on March 1, Chris Woronka from Deutsche Bank maintained a Hold rating on Marriot Vacations (VAC), with a price target of $103. The company’s shares opened today at $100.97.
According to TipRanks.com, Woronka is a 3-star analyst with an average return of 1.2% and a 57.3% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hertz Global Holdings Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marriot Vacations with a $126 average price target.
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Based on Marriot Vacations’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.05 billion and net profit of $44 million. In comparison, last year the company had a net profit of $108 million.
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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.
