Android app on Google Play

Jefferies Starts Marriott International (MAR) at Hold; Stock Fairly Valued

November 19, 2012 6:57 AM EST Send to a Friend
Get Alerts MAR Hot Sheet
Price: $56.25 --0%

Rating Summary:
    21 Buy, 5 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade MAR Now!
Join SI Premium – FREE
Jefferies initiates coverage on Marriott International (NYSE: MAR) with a Hold. PT $34.00.

The firm comments, "Marriott's domestic prowess is attractive, as is its asset-light model. We forecast recurring double-digit earnings growth, despite limited exposure to faster-growing Emerging Markets. However, we think Marriott is fairly valued for what is a more defensive, US-centric operator. Hence, we initiate with a Hold recommendation."

For an analyst ratings summary and ratings history on Marriott International click here. For more ratings news on Marriott International click here.

Shares of Marriott International closed at $34.43 yesterday.




You May Also Be Interested In


Related Categories

New Coverage

Related Entities

Jefferies & Co, Earnings

Add Your Comment