MGM Resorts International (MGM)
(Delayed Data from NYSE)
$41.09 USD
-1.09 (-2.58%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $41.16 +0.07 (0.17%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth C Momentum A VGM
MGM Resorts (MGM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$55.09 | $66.50 | $46.00 | 30.61% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for MGM Resorts comes to $55.09. The forecasts range from a low of $46.00 to a high of $66.50. The average price target represents an increase of 30.61% from the last closing price of $42.18.
Analyst Price Targets (17)
Broker Rating
MGM Resorts currently has an average brokerage recommendation (ABR) of 1.35 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.38 a month ago based on 16 recommendations.
Of the 17 recommendations deriving the current ABR, 14 are Strong Buy, representing 82.35% of all recommendations. A month ago, Strong Buy represented 81.25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 14 | 14 | 13 | 12 | 11 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.35 | 1.35 | 1.38 | 1.40 | 1.43 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/15/2024 | Seaport Research Partners | Vitaly Umansky | Strong Buy | Strong Buy |
3/26/2024 | Mizuho SecuritiesUSA | Benjamin Chaiken | Strong Buy | Strong Buy |
2/14/2024 | Macquarie Capital Securities | Chad C Beynon | Not Available | Strong Buy |
1/29/2024 | JMP Securities | Jordan Bender | Strong Buy | Strong Buy |
11/1/2023 | Susquehanna Financial Group | Joseph R Stauff | Not Available | Hold |
10/19/2023 | Truist Securities | Barry Jonas | Strong Buy | Strong Buy |
10/12/2023 | Capital One Securities | Daniel Guglielmo | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.35 |
ABR (Last week) | 1.35 |
# of Recs in ABR | 17 |
Average Target Price | $55.09 |
LT Growth Rate | 9.90% |
Industry | Gaming |
Industry Rank by ABR | 200 of 252 |
Current Quarter EPS Est: | 0.60 |