Melco Resorts & Entertainment Limited (MLCO) Social Stream
MELCO RESORTS & ENTERTAINMENT LTD (MLCO) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MLCO.
| 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 | $7.27 | 111.83% |
| 2021-12-07 | 4 | $20 | $9 | $15.2 | $7.27 | 109.08% |
| 2021-12-14 | 4 | $20 | $9 | $15.6 | $7.27 | 114.58% |
| 2022-01-05 | 4 | $16.9 | $9 | $13.225 | $7.27 | 81.91% |
| 2022-01-28 | 3 | $16.9 | $9 | $13.225 | $7.27 | 81.91% |
| 2022-03-02 | 3 | $16.9 | $11 | $13.725 | $7.27 | 88.79% |
| 2022-04-14 | 3 | $16.9 | $9.5 | $12.85 | $7.27 | 76.75% |
| 2022-05-05 | 3 | $16.9 | $9.5 | $12.4 | $7.27 | 70.56% |
| 2022-05-06 | 3 | $16.9 | $7 | $11.4 | $7.27 | 56.81% |
| 2022-06-14 | 3 | $16.9 | $7 | $11.4 | $7.27 | 56.81% |
| 2022-07-19 | 4 | $16.9 | $7 | $10.92 | $7.27 | 50.21% |
| 2022-08-13 | 4 | $12.2 | $7 | $9.425 | $7.27 | 29.64% |
| 2022-09-17 | 4 | $12.2 | $5 | $8.925 | $7.27 | 22.76% |
| 2022-10-19 | 4 | $14 | $5 | $9.5 | $7.27 | 30.67% |
| 2022-11-03 | 4 | $11.5 | $7 | $9.375 | $7.27 | 28.95% |
| 2022-11-11 | 4 | $11.501 | $7 | $9.375 | $7.27 | 28.95% |
| 2022-11-21 | 4 | $11.501 | $7 | $9.5 | $7.27 | 30.67% |
| 2022-11-28 | 4 | $11.501 | $8 | $10.25 | $7.27 | 40.99% |
| 2022-12-06 | 4 | $13.5 | $10 | $11.625 | $7.27 | 59.9% |
| 2022-12-15 | 4 | $13.5 | $11.5 | $12.125 | $7.27 | 66.78% |
| 2023-02-03 | 4 | $17 | $11.5 | $13.5 | $7.27 | 85.69% |
| 2023-02-21 | 4 | $17 | $11.5 | $14.125 | $7.27 | 94.29% |
| 2023-03-01 | 4 | $17.4 | $11.5 | $14.225 | $7.27 | 95.67% |
| 2023-04-16 | 4 | $19 | $11.5 | $15.975 | $7.27 | 119.74% |
| 2023-05-10 | 4 | $19 | $11.5 | $15.7 | $7.27 | 115.96% |
| 2023-06-14 | 4 | $19 | $11.5 | $15.45 | $7.27 | 112.52% |
| 2023-06-27 | 4 | $19 | $11.5 | $14.925 | $7.27 | 105.3% |
| 2023-06-28 | 3 | $19 | $11.5 | $15.625 | $7.27 | 114.92% |
| 2023-09-11 | 4 | $19 | $11.5 | $15.76 | $7.27 | 116.78% |
| 2023-09-13 | 4 | $19 | $14 | $16.26 | $7.27 | 123.66% |
| 2023-10-11 | 4 | $19.5 | $14 | $17.16 | $7.27 | 136.04% |
| 2023-11-08 | 4 | $19.5 | $11 | $15.2 | $7.27 | 109.08% |
The Trend in the Analyst Price Target
MLCO's average price target has moved up $2.35 over the prior 19 months.
Over the past 49 weeks, MLCO's average upside potential has been 32.17%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-12-06 | 4 | 13.5 | 10.0 | 11.625 | 10.06 | 15.56% |
| 2022-12-15 | 4 | 13.5 | 11.5 | 12.125 | 11.82 | 2.58% |
| 2023-06-27 | 4 | 19.0 | 11.5 | 14.925 | 12.67 | 17.8% |
| 2023-10-11 | 4 | 19.5 | 14.0 | 17.200 | 9.28 | 85.34% |
| 2023-11-08 | 4 | 19.5 | 11.0 | 15.200 | 7.86 | 93.38% |
MLCO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 4 | 0 | 0 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
MLCO's average broker recommendation rating improved by 0.25 over the prior 31 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of stocks in the large market cap category, MELCO RESORTS & ENTERTAINMENT LTD's number of analysts covering the stock is greater than 77.1% of them.
- In terms of how MELCO RESORTS & ENTERTAINMENT LTD fares relative to stocks in the large market cap category, note that its average analyst price target is greater than 224.4% of that group.
- MELCO RESORTS & ENTERTAINMENT LTD's upside potential (average analyst target price relative to current price) is higher than 2895.88% of Restaraunts Hotels Motels stocks.
- In the context of Restaraunts Hotels Motels stocks, MELCO RESORTS & ENTERTAINMENT LTD's variance in analysts' estimates is lower than -2309.57% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Restaraunts Hotels Motels industry with the ratings most similar to MELCO RESORTS & ENTERTAINMENT LTD are H, TNL, and LVS.
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