Published On: Wed, Oct 19th, 2016

Latest Analyst Reports On MGM Resorts International


Recently stock market analysts have updated their consensus ratings on shares of MGM Resorts International (NYSE:MGM).

Most recent broker ratings

10/14/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Gabelli. They now have a USD 39 price target on the stock.

10/06/2016 – MGM Resorts International was upgraded to “buy” by analysts at Argus. They now have a USD 32 price target on the stock.

10/05/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Goldman Sachs.

10/05/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Nomura. They now have a USD 32 price target on the stock.

09/19/2016 – MGM Resorts International had its “overweight” rating reiterated by analysts at CLSA. They now have a USD 29 price target on the stock.

09/15/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Deutsche Bank.

09/14/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 20 price target on the stock.

09/07/2016 – MGM Resorts International had its “positive” rating reiterated by analysts at Susquehanna. They now have a USD 30 price target on the stock.

08/11/2016 – Buckingham Research began new coverage on MGM Resorts International giving the company a “buy” rating. They now have a USD 31 price target on the stock.

06/20/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at UBS. They now have a USD 29 price target on the stock.

06/17/2016 – MGM Resorts International had its “outperform” rating reiterated by analysts at Telsey Advisory Group. They now have a USD 29 price target on the stock.

05/06/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Sterne Agee. They now have a USD 30 price target on the stock.

05/06/2016 – MGM Resorts International had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 29 price target on the stock.

04/20/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at HSBC.

04/13/2016 – MGM Resorts International had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 32 price target on the stock.

MGM Resorts International has a 50 day moving average of 25.50 and a 200 day moving average of 23.74. The stock’s market capitalization is 14.63B, it has a 52-week low of 16.18 and a 52-week high of 27.04.

The share price of the company (NYSE:MGM) was down -0.46%, with a high of 26.31 during the day and the volume of MGM Resorts International shares traded was 2572212.

MGM Resorts International is a holding company. The Company, through its subsidiaries, owns and operates casino resorts. The Company operates in two segments: domestic resorts and MGM China. Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities. Its casino operations feature a range of slots, table games, and race and sports book wagering. Its MGM China’s operations consist of the MGM Macau resort and casino, and the development of an integrated casino, hotel and entertainment resort on the Cotai Strip in Macau. Under its resort operation, the Company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. It owns Primm Valley Golf Club at the California/Nevada state line and Fallen Oak golf course in Saucier, Mississippi, among others. It owns and manages CityCenter Holdings, LLC, located between Bellagio and Monte Carlo.