MGM Resorts International (MGM)
(Delayed Data from NYSE)
$39.20 USD
+1.12 (2.94%)
Updated Aug 15, 2024 04:00 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 |
---|---|---|---|
$55.22 | $63.00 | $42.00 | 40.87% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for MGM Resorts comes to $55.22. The forecasts range from a low of $42.00 to a high of $63.00. The average price target represents an increase of 40.87% from the last closing price of $39.20.
Analyst Price Targets (18)
Broker Rating
MGM Resorts currently has an average brokerage recommendation (ABR) of 1.22 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms. The current ABR compares to an ABR of 1.22 a month ago based on 18 recommendations.
Of the 18 recommendations deriving the current ABR, 16 are Strong Buy, representing 88.89% 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 | 15 | 15 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.22 | 1.22 | 1.22 | 1.24 | 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 |
---|---|---|---|---|
8/2/2024 | Macquarie Capital Securities | Chad C Beynon | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Capital One Securities | Daniel Guglielmo | Strong Buy | Strong Buy |
8/1/2024 | Truist Securities | Barry Jonas | Strong Buy | Strong Buy |
8/1/2024 | Susquehanna Financial Group | Joseph R Stauff | 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 |
5/6/2024 | 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 |
10/23/2023 | Not Identified | Not Identified | 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 | 1.22 |
ABR (Last week) | 1.22 |
# of Recs in ABR | 18 |
Average Target Price | $55.22 |
LT Growth Rate | 20.80% |
Industry | Gaming |
Industry Rank by ABR | 146 of 253 |
Current Quarter EPS Est: | 0.61 |