MGM Resorts International with ticker code (MGM) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 68 and 38 and has a mean target at 54.04. With the stocks previous close at 44.82 this is indicating there is a potential upside of 20.6%. The day 50 moving average is 40.52 and the 200 day moving average is 35.04. The market cap for the company is $16,893m. Visit the company website at: https://www.mgmresorts.com
The potential market cap would be $20,369m based on the market concensus.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company’s casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
