Bernstein analyst Richard Clarke maintained a Hold rating on Marriott International (MAR – Research Report) today and set a price target of $247.00. The company’s shares closed last Friday at $236.00.
According to TipRanks, Clarke is a 4-star analyst with an average return of 10.0% and a 67.09% success rate. Clarke covers the Consumer Cyclical sector, focusing on stocks such as Hyatt Hotels, Marriott International, and Hilton Worldwide Holdings.
In addition to Bernstein, Marriott International also received a Hold from Barclays’s Brandt Montour in a report issued on April 19. However, on April 10, Morgan Stanley maintained a Buy rating on Marriott International (NASDAQ: MAR).
The company has a one-year high of $260.57 and a one-year low of $161.11. Currently, Marriott International has an average volume of 1.47M.
Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAR in relation to earlier this year.
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Marriott International (MAR) Company Description:
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. The North American Full-Service segment includes luxury and premium brands located in the U.S. and Canada. The North American Limited-Service segment comprises select properties located in the U.S. and Canada. The Asia Pacific segment focuses in all brand tiers in Asia Pacific region. The Other International segment represents its Caribbean and Latin America, Europe, and Middle East and Africa properties. The company was founded by J. Wiliard Marriot and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.
