Marriott International with ticker code (MAR) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 190 and 155 calculating the mean target price we have 172.5. Given that the stocks previous close was at 153.34 this now indicates there is a potential upside of 12.5%. The 50 day MA is 151.13 and the 200 moving average now moves to 161.49. The market capitalisation for the company is $49,896m. Company Website: https://www.marriott.com
The potential market cap would be $56,131m based on the market concensus.
Marriott International operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bulgari, Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, Marriott Vacation Club, Westin, Renaissance, Le Méridien, Autograph Collection, Gaylord Hotels, Tribute Portfolio, Design Hotels, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, Four Points, TownePlace Suites, Aloft, AC Hotels by Marriott, Protea Hotels, Element, and Moxy brand names. As of February 15, 2022, it operated approximately 7,989 properties under 30 hotel brands in 139 countries and territories. Marriott International was founded in 1927 and is headquartered in Bethesda, Maryland.
