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NYSE:MGMMGM Resorts International Price Target & Analyst Ratings

-0.09 (-0.56 %)
(As of 05/25/2020 04:00 PM ET)
Today's Range
Now: $15.90
50-Day Range
MA: $14.19
52-Week Range
Now: $15.90
Volume20.72 million shs
Average Volume27.38 million shs
Market Capitalization$7.84 billion
P/E Ratio2.86
Dividend Yield3.77%

Analyst Ratings

MGM Resorts International (NYSE:MGM) 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.
15 Wall Street analysts have issued ratings and price targets for MGM Resorts International in the last 12 months. Their average twelve-month price target is $21.14, suggesting that the stock has a possible upside of 32.97%. The high price target for MGM is $40.00 and the low price target for MGM is $10.00. There are currently 2 sell ratings, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score:
Ratings Breakdown: 2 Sell Rating(s)
11 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $21.14$24.00$32.82$31.56
Price Target Upside: 32.97% upside70.45% upside3.01% upside1.66% upside

MGM Resorts International (NYSE:MGM) 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.

MGM Resorts International (NYSE:MGM) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/21/2020Credit Suisse GroupInitiated CoverageNeutral$34.00 ➝ $15.00Low
5/21/2020Bank of AmericaDowngradeNeutral ➝ Underperform$15.00Low
5/21/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$22.00 ➝ $17.00Low
5/20/2020BarclaysReiterated RatingNeutral ➝ HoldHigh
5/4/2020Morgan StanleyLower Price TargetEqual Weight$18.00 ➝ $17.00Medium
5/1/2020SunTrust BanksBoost Price TargetHold$17.00Low
5/1/2020Stifel NicolausLower Price TargetHold$38.00 ➝ $20.00Medium
5/1/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$18.00Medium
5/1/2020Deutsche BankReiterated RatingHold$13.00High
4/19/2020Nomura SecuritiesReiterated RatingBuy$22.00High
3/18/2020Susquehanna BancsharesUpgradeNegative ➝ Neutral$27.00 ➝ $10.00High
3/12/2020ArgusDowngradeBuy ➝ HoldHigh
11/14/2019UBS GroupBoost Price TargetNeutral$31.00 ➝ $34.00Medium
10/31/2019Roth CapitalReiterated RatingBuyMedium
7/24/2019CitigroupInitiated Coverage$23.00Medium
11/15/2018Sanford C. BernsteinInitiated CoverageMkt Perform ➝ Market PerformLow
8/3/2018Telsey Advisory GroupLower Price TargetMarket Perform$34.00 ➝ $31.00Low
6/25/2018Goldman Sachs GroupDowngradeBuy ➝ Neutral$37.00Low
10/3/2017Nomura InstinetReiterated RatingBuy$40.00Low
(Data available from 5/25/2018 forward)
This page was last updated on 5/25/2020 by MarketBeat.com Staff

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