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Equities research analysts at JMP Securities upped their price target on shares of Diamond Resorts International (NASDAQ:DRII) from $26.00 to $28.00 in a research note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. JMP Securities’ target price suggests a potential upside of 12.22% from the stock’s previous close.

DRII has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Diamond Resorts International from $23.00 to $27.00 in a research note on Thursday. They now have an “overweight” rating on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Diamond Resorts International in a research note on Thursday, June 19th. They now have a $24.00 price target on the stock, up previously from $22.00. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $24.76.

Diamond Resorts International (NASDAQ:DRII) traded down 0.04% on Thursday, hitting $24.95. 507,607 shares of the company’s stock traded hands. Diamond Resorts International has a 1-year low of $15.61 and a 1-year high of $25.75. The stock has a 50-day moving average of $22.82 and a 200-day moving average of $19.57. The company’s market cap is $1.884 billion.

Diamond Resorts International (NASDAQ:DRII) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.20) by $0.16. The company had revenue of $209.00 million for the quarter, compared to the consensus estimate of $204.60 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 20.2% on a year-over-year basis. On average, analysts predict that Diamond Resorts International will post $0.62 earnings per share for the current fiscal year.

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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