In a report issued on August 5, Carlo Santarelli from Deutsche Bank maintained a Hold rating on Marriott International (MAR), with a price target of $123. The company’s shares closed yesterday at $128.49.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 8.0% and a 56.6% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings Inc, and Golden Entertainment.
Currently, the analyst consensus on Marriott International is a Moderate Buy with an average price target of $140.90, a 9.7% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $140 price target.
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Marriott International’s market cap is currently $42.79B and has a P/E ratio of 29.44. The company has a Price to Book ratio of 26.78.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2019, Argiris Kyriakidis, the Pres. Mgn. Director MEA of MAR sold 20,210 shares for a total of $2,602,846.
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Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; Asia Pacific; and Other International.