MGM Resorts International (MGM)
(Delayed Data from NYSE)
$37.31 USD
-0.44 (-1.17%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $37.22 -0.09 (-0.24%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth F Momentum B VGM
MGM Resorts (MGM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$54.21 | $63.00 | $42.00 | 43.60% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for MGM Resorts comes to $54.21. The forecasts range from a low of $42.00 to a high of $63.00. The average price target represents an increase of 43.6% from the last closing price of $37.75.
Analyst Price Targets (19)
Broker Rating
MGM Resorts currently has an average brokerage recommendation (ABR) of 1.32 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms. The current ABR compares to an ABR of 1.22 a month ago based on 18 recommendations.
Of the 19 recommendations deriving the current ABR, 16 are Strong Buy, representing 84.21% of all recommendations. A month ago, Strong Buy represented 88.89%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 16 | 16 | 16 | 16 | 15 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.32 | 1.32 | 1.22 | 1.22 | 1.24 |
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 |
---|---|---|---|---|
9/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/23/2024 | UBS | Robin M Farley | Not Available | Hold |
8/2/2024 | Macquarie Capital Securities | Chad C Beynon | Strong Buy | Strong Buy |
8/1/2024 | Capital One Securities | Daniel Guglielmo | Strong Buy | Strong Buy |
8/1/2024 | Susquehanna Financial Group | Joseph R Stauff | Strong Buy | Strong Buy |
8/1/2024 | Truist Securities | Barry Jonas | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/16/2024 | Wells Fargo Securities | Daniel Politzer | Strong Buy | Strong Buy |
7/3/2024 | BTIG | Clark W Lampen | Not Available | Strong Buy |
6/5/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/6/2024 | JMP Securities | Jordan Bender | Strong Buy | Strong Buy |
4/15/2024 | Seaport Research Partners | Vitaly Umansky | Strong Buy | Strong Buy |
4/10/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/26/2024 | Mizuho SecuritiesUSA | Benjamin Chaiken | Strong Buy | 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 | 1.32 |
ABR (Last week) | 1.32 |
# of Recs in ABR | 19 |
Average Target Price | $54.21 |
LT Growth Rate | 20.60% |
Industry | Gaming |
Industry Rank by ABR | 140 of 253 |
Current Quarter EPS Est: | 0.62 |
MGM FAQs
MGM Resorts International (MGM) currently has an average brokerage recommendation (ABR) of 1.32 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms.
The average price target for MGM Resorts International (MGM) is $54.21. The current on short-term price targets is based on 5 reports.
The forecasts for MGM Resorts International (MGM) range from a low of $42 to a high of $63. The average price target represents a increase of $45.30 from the last closing price of $37.31.
The current UPSIDE for MGM Resorts International (MGM) is 45.30%
Based on short-term price targets offered by 19 analysts, the average price target for MGM Resorts comes to $54.21. The forecasts range from a low of $42.00 to a high of $63.00. The average price target represents an increase of 43.6% from the last closing price of $37.75.