In a report released yesterday, Patrick Scholes from SunTrust Robinson reiterated a Hold rating on Marriott International (NASDAQ: MAR), with a price target of $136. The company’s shares closed yesterday at $121.63.
According to TipRanks.com, Scholes is a 4-star analyst with an average return of 14.9% and a 66.0% success rate. Scholes covers the Services sector, focusing on stocks such as Wyndham Destinations Inc, Royal Caribbean, and Carnival Corp.
Marriott International has an analyst consensus of Moderate Buy, with a price target consensus of $141.71, a 16.5% upside from current levels. In a report issued on August 7, Deutsche Bank also maintained a Hold rating on the stock with a $136 price target.
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The company has a one-year high of $149.21 and a one-year low of $96.90. Currently, Marriott International has an average volume of 1.84M.
Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is negative on the stock.
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Marriott International, Inc. is a diversified global lodging company, which engages in the operation and franchise of hotels, corporate housing properties, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; and International.
