In a report released yesterday, Michael Bellisario from Robert W. Baird maintained a Hold rating on Marriott International (MAR – Research Report), with a price target of $183.00. The company’s shares closed yesterday at $174.18.
Bellisario covers the Financial sector, focusing on stocks such as Diamondrock, Summit Hotel Properties, and Sunstone Hotel. According to TipRanks, Bellisario has an average return of 6.9% and a 53.25% success rate on recommended stocks.
In addition to Robert W. Baird, Marriott International also received a Hold from Barclays’s Brandt Montour in a report issued on January 20. However, on January 18, Morgan Stanley maintained a Buy rating on Marriott International (NASDAQ: MAR).
See the top stocks recommended by analysts >>
The company has a one-year high of $194.70 and a one-year low of $130.45. Currently, Marriott International has an average volume of 1.94M.
Based on the recent corporate insider activity of 65 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on MAR:
- Agilysys price target raised to $100 from $80 at Craig-Hallum
- Agilysys price target raised to $95 from $83 at BTIG
- InterContinental price target raised to 6,200 GBp from 5,500 GBp at Jefferies
- Marriott signed 726 management and franchise agreements in 2022
- Jefferies lodging/leisure analyst holds analyst/industry conference call