Diamond Resorts International Stock Rating Lowered by Zacks (DRII)
Diamond Resorts International (NASDAQ:DRII) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Monday, AR Network reports. They currently have a $17.70 price objective on the stock. Zacks‘ price objective indicates a potential downside of 4.74% from the stock’s previous close.
Diamond Resorts International (NASDAQ:DRII) remained flat at $18.58 during during mid-day trading trading on Monday. The stock had a trading volume of 182,222 shares. Diamond Resorts International has a 52-week low of $14.18 and a 52-week high of $19.42. The stock’s 50-day moving average is $17.66 and its 200-day moving average is $17.56. The company’s market cap is $1.402 billion.
DRII has been the subject of a number of other recent research reports. Analysts at EVA Dimensions LLC upgraded shares of Diamond Resorts International from an “underweight” rating to an “overweight” rating in a research note on Thursday. Analysts at JMP Securities initiated coverage on shares of Diamond Resorts International in a research note on Thursday, January 23rd. They set an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $21.18.
Diamond Resorts International, Inc is engaged in the hospitality and vacation ownership industry, with an ownership base of more than 490,000 owner-families, or members, and a network of 296 vacation destinations located in 32 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia and Africa.
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