There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on MGM Resorts (MGM – Research Report) and MGM China Holdings (MCHVF – Research Report) with bullish sentiments.
MGM Resorts (MGM)
Deutsche Bank analyst Carlo Santarelli reiterated a Buy rating on MGM Resorts today and set a price target of $57.00. The company’s shares closed last Wednesday at $39.75.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of
Currently, the analyst consensus on MGM Resorts is a Strong Buy with an average price target of $57.33, representing a 47.3% upside. In a report issued on April 19, Barclays also maintained a Buy rating on the stock with a $55.00 price target.
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MGM China Holdings (MCHVF)
In a report released today, Andrew Lee, CFA from Jefferies maintained a Buy rating on MGM China Holdings, with a price target of HK$15.30. The company’s shares closed last Thursday at $1.67, close to its 52-week high of $1.80.
CFA has an average return of
According to TipRanks.com, CFA is ranked #5915 out of 8800 analysts.
Currently, the analyst consensus on MGM China Holdings is a Strong Buy with an average price target of $2.08.
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