La Quinta (LQ) Given a $23.00 Price Target by Morgan Stanley Analysts
Other equities research analysts also recently issued research reports about the stock. Goldman Sachs Group upgraded shares of La Quinta from a sell rating to a neutral rating in a research report on Friday, January 19th. Stifel Nicolaus restated a hold rating on shares of La Quinta in a research report on Thursday, February 1st. Wells Fargo & Co downgraded shares of La Quinta from an outperform rating to a market perform rating in a research report on Monday, January 22nd. Zacks Investment Research upgraded shares of La Quinta from a sell rating to a hold rating in a research report on Wednesday, January 3rd. Finally, TheStreet downgraded shares of La Quinta from a b rating to a c+ rating in a research report on Thursday, November 2nd. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. La Quinta currently has a consensus rating of Hold and a consensus price target of $20.25.
Shares of La Quinta (NYSE:LQ) opened at $18.79 on Tuesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market cap of $2,170.61, a PE ratio of 51.83, a P/E/G ratio of 8.05 and a beta of 1.83. La Quinta has a 12-month low of $11.76 and a 12-month high of $21.06.
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La Quinta 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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