Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For La Quinta Holdings Inc. (NYSE:LQ)


Recently stock market analysts have updated their consensus ratings on shares of La Quinta Holdings Inc. (NYSE:LQ).

Most recent broker ratings

09/26/2016 – Goldman Sachs began new coverage on La Quinta Holdings Inc. giving the company a “sell” rating. They now have a USD 9 price target on the stock.

06/14/2016 – La Quinta Holdings Inc. was downgraded to “underperform” by analysts at Wells Fargo.

03/17/2016 – La Quinta Holdings Inc. was downgraded to “equal-weight” by analysts at Morgan Stanley. They now have a USD 12 price target on the stock.

02/25/2016 – La Quinta Holdings Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 18 price target on the stock.

02/25/2016 – La Quinta Holdings Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 15 price target on the stock.

02/25/2016 – La Quinta Holdings Inc. was downgraded to “hold” by analysts at Stifel Nicolaus. They now have a USD 17 price target on the stock.

10/28/2015 – La Quinta Holdings Inc. was downgraded to “underperform” by analysts at Bank of America Merrill Lynch. They now have a USD 15 price target on the stock.

10/26/2015 – Raymond James began new coverage on La Quinta Holdings Inc. giving the company a “market perform” rating.

09/18/2015 – La Quinta Holdings Inc. had its “outperform” rating reiterated by analysts at JMP Securities. They now have a USD 23 price target on the stock.

09/18/2015 – La Quinta Holdings Inc. was downgraded to “neutral” by analysts at Citigroup. They now have a USD 21 price target on the stock.

09/18/2015 – La Quinta Holdings Inc. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 20 price target on the stock.

05/05/2014 – Evercore ISI began new coverage on La Quinta Holdings Inc. giving the company a “overweight” rating.

La Quinta Holdings Inc. has a 50 day moving average of 11.03 and a 200 day moving average of 11.68. The stock’s market capitalization is 1.27B, it has a 52-week low of 9.42 and a 52-week high of 17.46.

The share price of the company (NYSE:LQ) was up +1.02% during the last trading session, with a high of 11.00 and the volume of La Quinta Holdings Inc. shares traded was 707256.

La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. The Company’s segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment derives its earnings from the operation of owned hotel properties located in the United States. The Company operates its franchise and management segment under various franchise and management agreements relating to its owned, franchised and managed hotels. The corporate and other segment includes revenues generated by and related to operating expenses incurred in connection with the overall support and brand management of the Company’s owned, managed and franchised hotels and operations. Its portfolio includes approximately 890 hotels representing approximately 87,500 rooms located predominantly across over 48 the United States’ states, as well as in Canada, Mexico and Honduras.