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Shares of Starwood Hotels & Resorts Worldwide (NYSE:HOT) have received a consensus recommendation of “Buy” from the eighteen ratings firms that are presently covering the company, AnalystRatingsNetwork reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $85.53.

In other Starwood Hotels & Resorts Worldwide news, Director Bruce W. Duncan sold 21,813 shares of Starwood Hotels & Resorts Worldwide stock on the open market in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $84.36, for a total transaction of $1,840,144.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. upgraded shares of Starwood Hotels & Resorts Worldwide from a “hold” rating to a “buy” rating in a research note on Thursday, July 10th. They now have a $86.00 price target on the stock, down previously from $96.00. Separately, analysts at MLV & Co
upgraded shares of Starwood Hotels & Resorts Worldwide from a “hold” rating to a “buy” rating in a research note on Thursday, July 10th. They now have a $96.00 price target on the stock, up previously from $86.00. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Starwood Hotels & Resorts Worldwide in a research note on Wednesday, July 9th. They now have a $90.00 price target on the stock, up previously from $85.00.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) opened at 82.79 on Wednesday. Starwood Hotels & Resorts Worldwide has a 1-year low of $62.40 and a 1-year high of $84.87. The stock has a 50-day moving average of $81.24 and a 200-day moving average of $78.83. The company has a market cap of $15.895 billion and a price-to-earnings ratio of 28.06.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) last released its earnings data on Thursday, April 24th. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.07. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis. On average, analysts predict that Starwood Hotels & Resorts Worldwide will post $2.84 earnings per share for the current fiscal year.

Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) is a hotel and leisure company.

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