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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.

To view Zacks’ full report, visit www.zacks.com

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