CBRE Equity Research initiates coverage of Melco Resorts & Entertainment at 'buy' with a price target of $20.00

  • Investing.com
CBRE Equity Research initiates coverage of Melco Resorts & Entertainment at 'buy' with a price target of $20.00

An analyst from CBRE Equity Research initiated coverage of Melco Resorts & Entertainment (NASDAQ: MLCO ) at 'buy' with a price target of $20.00.

Prior to this rating, Melco Resorts & Entertainment had 11 buy ratings, 2 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Melco Resorts & Entertainment, click here. For more news on Melco Resorts & Entertainment, click here.

Melco Resorts & Entertainment's stock price closed at $13.17. They are up 8.66% in the last month and up 157.23% in the last 12 months.

According to Investing Pro, Melco Resorts & Entertainment's fair value is $13.20, an upside of 0.25%. Melco Resorts & Entertainment's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Melco Resorts & Entertainment's recent earnings performance and financials here.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100