MGM Resorts (MGM) Stock Rises 9% This Month: What’s Next?

 

MGM Resorts International (MGM) stock is up more than 9% over the past 30 days and has fallen -11.55% over the last 12 months. The average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives MGM stock a score of 56 out of a possible 100.

That score is chiefly influenced by a short-term technical score of 66. MGM’s score also includes a long-term technical score of 53. The fundamental score for MGM is 50. In addition to the average rating from Wall Street analysts, MGM stock has a mean target price of $34.10. This means analysts expect the stock to climb 22.05% over the next 12 months.

Click Here to get the full Stock Score Report on MGM Resorts International (MGM).

What’s Happening with MGM Stock Today

MGM Resorts International (MGM) stock has risen 1.9% while the S&P 500 is higher by 0.07% as of 2:44 PM on Tuesday, Jun 11. MGM is higher by $0.52 from the previous closing price of $27.42 on volume of 4,454,780 shares. Over the past year the S&P 500 is up 3.84% while MGM has fallen -11.55%. MGM earned $0.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 60.25.

Symbols: MGM

You May Also Like