Analyst Ratings For Melco Resorts & Entertainment Ltd (NASDAQ:MLCO)
Today, Credit Suisse Group initiated coverage on Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) with a Outperform.
There are 11 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) is Buy with a consensus target price of $29.5857 per share, a potential 59.49% upside.
Some recent analyst ratings include
- 12/12/2018-Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) has coverage initiated with a Outperform rating
- 12/11/2018-Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) has coverage initiated with a Buy rating and $19.00 price target
- 9/12/2018-Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) gets downgraded to Neutral by UBS Group
- 7/24/2018-Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) had its Buy rating reiterated by Bank of America with a $35.10 price target
About Melco Resorts & Entertainment Ltd (NASDAQ:MLCO)
Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 112 gaming tables and 56 gaming machines; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 280 gaming tables and 980 gaming machines in Cotai, Macau. Further, the company owns and operates 7 Mocha Clubs with 1,034 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. As of February 16, 2017, Melco Resorts & Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited.
Recent Trading Activity for Melco Resorts & Entertainment Ltd (NASDAQ:MLCO)
Shares of Melco Resorts & Entertainment Ltd closed the previous trading session at 18,60 up +1,25 7,20 % with 18.68 shares trading hands.
