ILG Inc. (NASDAQ:ILG)‘s stock had its “buy” rating reiterated by equities research analysts at SunTrust Banks, Inc. in a research note issued to investors on Friday. They presently have a $30.00 price objective on the business services provider’s stock. SunTrust Banks, Inc.’s price objective suggests a potential upside of 5.52% from the company’s current price.

A number of other analysts also recently issued reports on ILG. BidaskClub downgraded ILG from a “buy” rating to a “hold” rating in a research report on Friday. Nomura lifted their price target on ILG from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday. Oppenheimer Holdings, Inc. lifted their price target on ILG from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday. Zacks Investment Research upgraded ILG from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research report on Wednesday, August 23rd. Finally, Instinet assumed coverage on ILG in a research report on Friday, October 6th. They set a “buy” rating and a $35.00 price target for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $30.50.

Shares of ILG (NASDAQ:ILG) traded up $0.08 during midday trading on Friday, reaching $28.43. The company’s stock had a trading volume of 764,000 shares, compared to its average volume of 1,213,663. ILG has a fifty-two week low of $17.32 and a fifty-two week high of $30.70. The company has a current ratio of 1.75, a quick ratio of 1.00 and a debt-to-equity ratio of 0.61. The company has a market cap of $3,516.76, a P/E ratio of 21.00 and a beta of 1.53.

ILG (NASDAQ:ILG) last issued its earnings results on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.01). ILG had a return on equity of 10.46% and a net margin of 7.04%. The company had revenue of $446.00 million during the quarter, compared to the consensus estimate of $429.56 million. During the same quarter in the prior year, the business earned $0.39 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. equities research analysts predict that ILG will post 1.15 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC lifted its position in ILG by 13.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,983,549 shares of the business services provider’s stock worth $54,528,000 after buying an additional 241,774 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in ILG in the 3rd quarter worth approximately $20,235,000. Neuberger Berman Group LLC bought a new stake in ILG in the 2nd quarter worth approximately $5,941,000. Voya Investment Management LLC lifted its position in ILG by 12.8% in the 2nd quarter. Voya Investment Management LLC now owns 53,119 shares of the business services provider’s stock worth $1,460,000 after buying an additional 6,028 shares during the last quarter. Finally, Balyasny Asset Management LLC lifted its position in ILG by 688.8% in the 2nd quarter. Balyasny Asset Management LLC now owns 149,881 shares of the business services provider’s stock worth $4,120,000 after buying an additional 130,881 shares during the last quarter. Institutional investors own 81.52% of the company’s stock.

About ILG

ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.

Analyst Recommendations for ILG (NASDAQ:ILG)

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