Melco Resorts & Entertainment Limited (MLCO) Social Stream
MELCO RESORTS & ENTERTAINMENT LTD (MLCO) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MLCO.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 4 | $20 | $10 | $15.4 | $5.37 | 186.78% |
| 2021-12-07 | 4 | $20 | $9 | $15.2 | $5.37 | 183.05% |
| 2021-12-14 | 4 | $20 | $9 | $15.6 | $5.37 | 190.5% |
| 2022-01-05 | 4 | $16.9 | $9 | $13.225 | $5.37 | 146.28% |
| 2022-01-28 | 3 | $16.9 | $9 | $13.225 | $5.37 | 146.28% |
| 2022-03-02 | 3 | $16.9 | $11 | $13.725 | $5.37 | 155.59% |
| 2022-04-14 | 3 | $16.9 | $9.5 | $12.85 | $5.37 | 139.29% |
| 2022-05-05 | 3 | $16.9 | $9.5 | $12.4 | $5.37 | 130.91% |
| 2022-05-06 | 3 | $16.9 | $7 | $11.4 | $5.37 | 112.29% |
| 2022-06-14 | 3 | $16.9 | $7 | $11.4 | $5.37 | 112.29% |
| 2022-07-19 | 4 | $16.9 | $7 | $10.92 | $5.37 | 103.35% |
| 2022-08-13 | 4 | $12.2 | $7 | $9.425 | $5.37 | 75.51% |
| 2022-08-25 | 4 | $12.2 | $5 | $8.925 | $5.37 | 66.2% |
The Trend in the Analyst Price Target
MLCO's average price target has moved down $6.47 over the prior 41 weeks.
MLCO reports an average of 73.59% for its upside potential over the past 41 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 4 | 20.0 | 10.0 | 15.400 | 11.13 | 38.36% |
| 2022-01-28 | 3 | 16.9 | 9.0 | 13.225 | 9.96 | 32.78% |
| 2022-03-28 | 3 | 16.9 | 9.5 | 12.850 | 7.86 | 63.49% |
| 2022-04-14 | 3 | 16.9 | 9.5 | 12.850 | 6.80 | 88.97% |
| 2022-07-19 | 4 | 16.9 | 7.0 | 10.920 | 5.29 | 106.43% |
MLCO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.63 | 2 | 1 | 1 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
MLCO's average broker recommendation rating worsened by 0.5 over the prior 29 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In the context of stocks in the large market cap category, MELCO RESORTS & ENTERTAINMENT LTD's number of analysts covering the stock is higher than 34.68% of them.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MELCO RESORTS & ENTERTAINMENT LTD's average analyst price target is greater than 60.12% of them.
- In terms of how MELCO RESORTS & ENTERTAINMENT LTD fares relative to stocks in the large market cap category, note that its upside potential (average analyst target price relative to current price) is greater than 1045.05% of that group.
- In the context of Restaraunts Hotels Motels stocks, MELCO RESORTS & ENTERTAINMENT LTD's variance in analysts' estimates is lower than -887.73% of them.
Stocks similar to MELCO RESORTS & ENTERTAINMENT LTD in the Restaraunts Hotels Motels industry regarding analyst recommendations and price targets are MGM, MAR, and LVS.
View All Top Stocks by Price Target
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