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Shares of Diamond Resorts International (NASDAQ:DRII) have earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the company, AmericanBankingNews.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.00.

Several analysts have recently commented on the stock. Analysts at Imperial Capital initiated coverage on shares of Diamond Resorts International in a research note on Monday. They set an “outperform” rating and a $34.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Diamond Resorts International in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, analysts at JMP Securities raised their price target on shares of Diamond Resorts International from $26.00 to $28.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock.

Diamond Resorts International (NASDAQ:DRII) opened at 24.75 on Monday. Diamond Resorts International has a 52 week low of $15.61 and a 52 week high of $26.33. The stock has a 50-day moving average of $23.25 and a 200-day moving average of $19.78. The company’s market cap is $1.869 billion.

Diamond Resorts International (NASDAQ:DRII) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 20.2% on a year-over-year basis. On average, analysts predict that Diamond Resorts International will post $0.80 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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