In a report released today, Brandt Montour from Barclays maintained a Buy rating on Wynn Resorts (WYNN – Research Report), with a price target of $124.00. The company’s shares closed yesterday at $96.10.
Montour covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Royal Caribbean, and Wynn Resorts. According to TipRanks, Montour has an average return of 9.2% and a 51.27% success rate on recommended stocks.
In addition to Barclays, Wynn Resorts also received a Buy from Wells Fargo’s Daniel Politzer in a report issued on April 15. However, on the same day, Seaport Global initiated coverage with a Hold rating on Wynn Resorts (NASDAQ: WYNN).
WYNN market cap is currently $10.77B and has a P/E ratio of 15.20.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock.
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Wynn Resorts (WYNN) Company Description:
Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.
