Analyst Price Target is $50.06
▲ +62.32% Upside Potential
This price target is based on 21 analysts offering 12 month price targets for MGM Resorts International in the last 3 months. The average price target is $50.06, with a high forecast of $60.00 and a low forecast of $36.00. The average price target represents a 62.32% upside from the last price of $30.84.
Current Consensus is
Moderate Buy
The current consensus among 21 contributing investment analysts is to moderate buy stock in MGM Resorts International. This Moderate Buy consensus rating has held steady for over two years.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
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