Marriott International (MAR) Gets a Hold Rating from Robert W. Baird

By Ryan Adsit

In a report released today, Michael Bellisario from Robert W. Baird maintained a Hold rating on Marriott International (MARResearch Report), with a price target of $130. The company’s shares opened today at $116.56.

According to TipRanks.com, Bellisario is a 3-star analyst with an average return of 1.9% and a 43.2% success rate. Bellisario covers the Financial sector, focusing on stocks such as Ashford Hospitality Trust, Hersha Hospitality Trust, and Pebblebrook Hotel.

Currently, the analyst consensus on Marriott International is a Moderate Buy with an average price target of $131.90, which is a 13.2% upside from current levels. In a report issued on November 6, Deutsche Bank also maintained a Hold rating on the stock with a $136 price target.

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The company has a one-year high of $149.21 and a one-year low of $106.96. Currently, Marriott International has an average volume of 2.37M.

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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.