Marriott International (MAR) Gets a Buy Rating from Berenberg Bank

By Jason Carr

In a report released yesterday, Stuart Gordon from Berenberg Bank maintained a Buy rating on Marriott International (MARResearch Report), with a price target of $140. The company’s shares closed yesterday at $123.94.

Gordon has an average return of 38.7% when recommending Marriott International.

According to TipRanks.com, Gordon is ranked #537 out of 5233 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Marriott International with a $128 average price target, a 3.3% upside from current levels. In a report issued on February 25, Cowen & Co. also reiterated a Buy rating on the stock with a $150 price target.

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The company has a one-year high of $144.61 and a one-year low of $100.62. Currently, Marriott International has an average volume of 2.16M.

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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.