La Quinta Holdings (NYSE:LQ) Getting Somewhat Favorable Media Coverage, Analysis Shows
News coverage about La Quinta Holdings (NYSE:LQ) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. La Quinta Holdings earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.7942598827155 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts recently issued reports on LQ shares. Zacks Investment Research raised shares of La Quinta Holdings from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Wednesday, July 5th. BidaskClub raised shares of La Quinta Holdings from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Morgan Stanley raised shares of La Quinta Holdings from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $14.50 to $16.00 in a report on Thursday, June 15th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $13.41.
La Quinta Holdings (NYSE:LQ) opened at 15.34 on Monday. The firm’s 50-day moving average is $14.73 and its 200 day moving average is $14.12. La Quinta Holdings has a 12-month low of $9.73 and a 12-month high of $15.39. The stock has a market capitalization of $1.80 billion, a P/E ratio of 46.63 and a beta of 1.86.
La Quinta Holdings Company Profile
La Quinta Holdings Inc is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale sectors under the La Quinta brand. The Company’s segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment is engaged in the operation of owned hotel properties.
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