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Melco Resorts & Entertainment Price Target & Analyst Ratings (NASDAQ:MLCO)

+0.35 (+1.66 %)
(As of 12/8/2019 01:29 PM ET)
Today's Range
Now: $21.38
50-Day Range
MA: $21.66
52-Week Range
Now: $21.38
Volume842,176 shs
Average Volume1.22 million shs
Market Capitalization$10.57 billion
P/E Ratio24.02
Dividend Yield3.10%

Analyst Ratings

Melco Resorts & Entertainment (NASDAQ:MLCO) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Melco Resorts & Entertainment in the last 12 months. Their average twelve-month price target is $24.13, suggesting that the stock has a possible upside of 12.86%. The high price target for MLCO is $27.00 and the low price target for MLCO is $15.00. There are currently 10 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score:
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $24.13$24.74$25.68$28.24
Price Target Upside: 12.86% upside16.19% upside22.57% upside34.50% upside

Melco Resorts & Entertainment (NASDAQ:MLCO) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Melco Resorts & Entertainment (NASDAQ:MLCO) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/13/2019UBS GroupBoost Price TargetBuy$25.60 ➝ $26.80High
9/6/2019CLSASet Price TargetBuy$26.00Low
9/6/2019JPMorgan Chase & Co.Lower Price TargetOverweight$29.00 ➝ $25.00Low
8/13/2019NomuraReiterated RatingBuy$15.00Low
5/28/2019Goldman Sachs GroupSet Price TargetBuy$27.00Low
5/8/2019Wolfe ResearchDowngradeOutperform ➝ Peer PerformMedium
4/8/2019MacquarieInitiated CoverageOutperform ➝ Outperform$29.00 ➝ $25.10Low
2/20/2019Deutsche BankSet Price TargetBuy$24.00Low
2/19/2019China Renaissance SecuritiesUpgradeHold ➝ BuyHigh
1/23/2019Daiwa Capital MarketsInitiated CoverageOutperform ➝ OutperformMedium
12/12/2018Credit Suisse GroupReiterated RatingOutperform ➝ OutperformHigh
12/6/2018CitigroupSet Price TargetBuy$29.00High
10/16/2018HSBCSet Price TargetBuy$33.00Low
9/17/2018Sanford C. BernsteinLower Price TargetOutperform$34.50 ➝ $27.00Low
7/24/2018Bank of AmericaReiterated RatingBuy$34.40 ➝ $35.10High
(Data available from 12/8/2017 forward)
This page was last updated on 12/8/2019 by MarketBeat.com Staff

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