Melco Resorts & Entertainment Limited (MLCO)
(Delayed Data from NSDQ)
$6.64 USD
-0.04 (-0.60%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $6.64 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth D Momentum A VGM
Melco Resorts (MLCO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$10.27 | $14.00 | $7.50 | 53.74% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Melco Resorts comes to $10.27. The forecasts range from a low of $7.50 to a high of $14.00. The average price target represents an increase of 53.74% from the last closing price of $6.68.
Analyst Price Targets (7 )
Broker Rating
Melco Resorts currently has an average brokerage recommendation (ABR) of 1.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 1.00 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, seven are Strong Buy, representing 100% of all recommendations. A month ago, Strong Buy represented 100%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 | 5 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 1 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.00 | 1.00 | 1.00 | 1.29 | 1.57 |
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 |
---|---|---|---|---|
5/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/29/2024 | Susquehanna Financial Group | Joseph R Stauff | Strong Buy | Strong Buy |
4/22/2024 | Macquarie Capital Securities | Linda Huang | Strong Buy | Strong Buy |
4/15/2024 | Seaport Research Partners | Vitaly Umansky | 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 | 1.00 |
ABR (Last week) | 1.00 |
# of Recs in ABR | 7 |
Average Target Price | $10.41 |
LT Growth Rate | 48.20% |
Industry | Gaming |
Industry Rank by ABR | 89 of 252 |
Current Quarter EPS Est: | 0.11 |