Melco Resorts & Entertainment Limited (MLCO) Social Stream
MELCO RESORTS & ENTERTAINMENT LTD (MLCO) Price Targets From Analysts
Use the tables below to see what analysts covering MELCO RESORTS & ENTERTAINMENT LTD think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 4 | $20 | $10 | $15.4 | $9.03 | 70.54% |
| 2021-12-07 | 4 | $20 | $9 | $15.2 | $9.03 | 68.33% |
| 2021-12-14 | 4 | $20 | $9 | $15.6 | $9.03 | 72.76% |
| 2022-01-05 | 4 | $16.9 | $9 | $13.225 | $9.03 | 46.46% |
| 2022-01-28 | 3 | $16.9 | $9 | $13.225 | $9.03 | 46.46% |
| 2022-03-02 | 3 | $16.9 | $11 | $13.725 | $9.03 | 51.99% |
| 2022-04-14 | 3 | $16.9 | $9.5 | $12.85 | $9.03 | 42.3% |
| 2022-05-05 | 3 | $16.9 | $9.5 | $12.4 | $9.03 | 37.32% |
| 2022-05-06 | 3 | $16.9 | $7 | $11.4 | $9.03 | 26.25% |
| 2022-06-14 | 3 | $16.9 | $7 | $11.4 | $9.03 | 26.25% |
| 2022-07-19 | 4 | $16.9 | $7 | $10.92 | $9.03 | 20.93% |
| 2022-08-13 | 4 | $12.2 | $7 | $9.425 | $9.03 | 4.37% |
| 2022-09-17 | 4 | $12.2 | $5 | $8.925 | $9.03 | -1.16% |
| 2022-10-19 | 4 | $12.2 | $5 | $9.05 | $9.03 | 0.22% |
| 2022-11-03 | 4 | $11.5 | $7 | $9.375 | $9.03 | 3.82% |
| 2022-11-11 | 4 | $11.501 | $7 | $9.375 | $9.03 | 3.82% |
| 2022-11-21 | 4 | $11.501 | $7 | $9.5 | $9.03 | 5.2% |
| 2022-11-28 | 4 | $11.501 | $8 | $10.25 | $9.03 | 13.51% |
| 2022-12-06 | 4 | $13.5 | $10 | $11.625 | $9.03 | 28.74% |
| 2022-12-15 | 4 | $13.5 | $11.5 | $12.125 | $9.03 | 34.27% |
| 2023-02-03 | 4 | $17 | $11.5 | $13.5 | $9.03 | 49.5% |
| 2023-02-21 | 4 | $17 | $11.5 | $14.125 | $9.03 | 56.42% |
| 2023-03-01 | 4 | $17.4 | $11.5 | $14.225 | $9.03 | 57.53% |
| 2023-04-16 | 4 | $19 | $11.5 | $15.975 | $9.03 | 76.91% |
| 2023-05-10 | 4 | $19 | $11.5 | $15.7 | $9.03 | 73.86% |
| 2023-06-14 | 4 | $19 | $11.5 | $15.45 | $9.03 | 71.1% |
| 2023-06-27 | 4 | $19 | $11.5 | $14.925 | $9.03 | 65.28% |
| 2023-06-28 | 3 | $19 | $11.5 | $15.625 | $9.03 | 73.03% |
| 2023-09-11 | 4 | $19 | $11.5 | $15.76 | $9.03 | 74.53% |
| 2023-09-13 | 4 | $19 | $14 | $16.26 | $9.03 | 80.07% |
| 2023-10-11 | 4 | $19.5 | $14 | $17.2 | $9.03 | 90.48% |
| 2023-11-08 | 5 | $19.5 | $11 | $15.2 | $9.03 | 68.33% |
| 2023-12-11 | 5 | $19.5 | $8.7 | $13.9 | $9.03 | 53.93% |
| 2023-12-14 | 5 | $19.5 | $8.7 | $14.1 | $9.03 | 56.15% |
| 2023-12-15 | 6 | $19.5 | $8.7 | $14.25 | $9.03 | 57.81% |
The Trend in the Analyst Price Target
Over the past 41 weeks, MLCO's average price target has gone up $0.03.
Over the past 46 weeks, MLCO's average upside potential has been 41.09%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-27 | 4 | 17.0 | 11.5 | 13.500 | 13.55 | -0.37% |
| 2023-03-01 | 4 | 19.0 | 11.5 | 15.975 | 13.74 | 16.27% |
| 2023-03-01 | 4 | 17.4 | 11.5 | 14.225 | 13.74 | 3.53% |
| 2023-09-13 | 4 | 19.5 | 15.0 | 17.360 | 10.11 | 71.71% |
| 2023-10-11 | 4 | 19.5 | 14.0 | 17.160 | 9.28 | 84.91% |
MLCO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.33 | 5 | 0 | 1 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
Over the past 16 months, MLCO's average broker recommendation rating improved by 0.35.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- MLCO has a greater number of analysts covering the stock than 94.94% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MELCO RESORTS & ENTERTAINMENT LTD's average analyst price target is greater than 252.65% of them.
- In terms of how MELCO RESORTS & ENTERTAINMENT LTD fares relative to stocks in the large market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 2852.17% of that group.
- In the context of Restaraunts Hotels Motels stocks, MELCO RESORTS & ENTERTAINMENT LTD's variance in analysts' estimates is lower than -2664.38% of them.
In the Restaraunts Hotels Motels industry, H, TNL, and WYNN are the three stocks most similar to MELCO RESORTS & ENTERTAINMENT LTD regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
Is MLCO a Buy, Hold or Sell? See the POWR Ratings now!