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Wall Street Outlook Positive on Marriott

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Mar. 26 2015, Updated 2:06 p.m. ET

Broker ratings

Following the announcement of the company’s 4Q14 results, Wall Street analysts reviewed Marriott International (MAR), giving their recommendations and the 12-month price target.

The chart below shows that six analysts rated the stock as a buy, with three analysts assigning a neutral, or hold, rating to the stock. Only Jefferies assigned an underperform, or sell, rating on Marriott’s shares. Marriott has a consensus rating of buy and a consensus mean price target of ~$86, which is 6% higher than the share price close as of March 6, 2015.

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Analysts at JPMorgan Chase (JPM) raised their price target on shares of Marriott’s shares from $90 to $94 and gave the company an overweight rating. Credit Suisse (CS) gave an outperform rating to Marriott’s shares, with a target price of $91. UBS Group AG (UBS) assigned a neutral rating, with a target price of $83.

Price performance

Marriott’s 200-day moving average share price is $71.30, with a 52-week high of $84.83 and a low of $53.51. The above chart shows the trend in the movement of Marriott’s share price and mean price target over the last 12 months. Marriott was able to return ~50% during this period, outperforming both the SPDR S&P 500 ETF (SPY) and the S&P 500 Hotels, Resorts, and Cruise Lines index, which returned 12% and 22%, respectively, during this same period.

In the next article, we’ll take a look at Marriott management’s 2015 guidance for the company.

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