Marriott International (NASDAQ:MAR) Target Raised by Citigroup Inc to $95.00

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Marriott International stock has undergone multiple analysts rating changes in the recent past.  Marriott International stock Target Raised by   Citigroup Inc on 7/2/2020. In a note to investors, the firm issued a new target price of $95.00. The analysts previously had $75.00 target price. Citigroup Inc’s price target would indicate a potential upside of 9.67% from the stock’s previous close.

Shares of Marriott International traded up $1.18 on Thursday, reaching $87.80. 3877406 shares of the stock traded hands, compared to its average volume of 5729953. Shares of Marriott International were trading at $87.80 on Thursday at close. The firm’s 50 day moving average is $$90.02 and its 200 day moving average is $115.30.Marriott International  has a 12 month low of $86.26 and a 12 month high of $153.39. While on yearly highs and lows, Marriott International today has traded high as $90.23 and has touched $86.26 on the downward trend.

Marriott International Earnings and What to expect: 

Marriott International last released its quarterly earnings data on May 11th, 2020. The reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by $0.64. The business had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.03 billion. Its revenue for the quarter was down 6.6% compared to the same quarter last year. Marriott International has generated $6.00 earnings per share over the last year and currently has a price-to-earnings ratio of 31.5. Marriott International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, August 3rd, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 12.77%
  • On 12/20/2019 EVP Stephanie Linnartz Sell 16,606 at average share price of $151.00 which equates to $2,507,506.00 in money value.
  • On 12/18/2019 Director Argiris Kyriakidis Sell 2,300 at average price of  $148.92 with total value of : Not Data Available
  • On 12/17/2019 Major Shareholder Juliana B Marriott Sell 20,000 at average price of  $148.93 with total value of : $2,978,600.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Marriott International

  • 7/3/2020 – Marriott International was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating. (View)
  • 6/30/2020 – Marriott International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $91.00 price target on the stock. (View)
  • 6/29/2020 – Marriott International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. They now have a $85.00 price target on the stock. (View)
  • 6/25/2020 – Marriott International is now covered by analysts at Gordon Haskett. They set a “hold” rating and a $89.00 price target on the stock. (View)
  • See More Analyst Rating at: RATING

Other rating updates by Citigroup Inc: 

  • 7/3/2020 – SSP Group had its “buy” rating re-affirmed by analysts at Citigroup Inc. They now have a GBX 335 price target on the stock. (View)
  • 7/2/2020 – OTCMKTS:PROSY had its “buy” rating re-affirmed by analysts at Citigroup Inc. (View)
  • 7/2/2020 – Agree Realty had its price target raised by analysts at Citigroup Inc from $70.00 to $76.00. They now have a “buy” rating on the stock. (View)
  • 7/2/2020 – Regency Centers had its price target raised by analysts at Citigroup Inc from $38.00 to $46.00. They now have a “neutral” rating on the stock. (View)
  • See More Analyst Rating at: RATING

Marriott International (NASDAQ:MAR) Moving Average Technical Analysis

5 day Moving Average is $$85.54 And 5 day price change is $3.76 (4.47%)  with average volume for 5 day average is 5,842,340. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $92.53 and 20 day price change is -$17.02 (-16.24%) and average 20 day moving volume is 6,002,185. 50 day moving average is $90.02  and 50 day price change is $7.78 ( 9.72%)  and with average volume for 50 days is : 5,493,956. 200 day moving average is $115.30  and 200 day price change is -$42.76 (-32.75%)  and with average volume for 200 days is : 3,975,729.

See More Analyst Rating at: RATING