Analysts fell to the sidelines weighing in on GameStop (NYSE:GME), Kroger Company (NYSE:KR) and MGM Resorts (NYSE:MGM) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
GameStop (GME)
In a report issued on September 6, Seth Sigman from Credit Suisse maintained a Hold rating on GameStop, with a price target of $15. The company’s shares closed yesterday at $16.13.
According to TipRanks.com, Sigman is a 1-star analyst with an average return of -0.3% and a 52.3% success rate. Sigman covers the Services sector, focusing on stocks such as Camping World Holdings, Dick’s Sporting Goods, and Wal-Mart Stores Inc.
Currently, the analyst consensus on GameStop is a Moderate Buy with an average price target of $16, a -0.8% downside from current levels. In a report issued on August 28, Loop Capital Markets also maintained a Hold rating on the stock with a $14 price target.
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Kroger Company (KR)
Credit Suisse analyst Judah Frommer maintained a Hold rating on Kroger Company yesterday and set a price target of $33. The company’s shares closed yesterday at $32.37, close to its 52-week high of $32.74.
According to TipRanks.com, Frommer is a 2-star analyst with an average return of 0.8% and a 62.5% success rate. Frommer covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, US Food Holdings Corp, and Sprouts Farmers.
Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $30.54, implying a -5.7% downside from current levels. In a report issued on September 5, Oppenheimer also assigned a Hold rating to the stock with a $32 price target.
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MGM Resorts (MGM)
In a report released yesterday, Cameron Mcknight from Credit Suisse maintained a Hold rating on MGM Resorts, with a price target of $31. The company’s shares closed yesterday at $26.75, close to its 52-week low of $26.47.
According to TipRanks.com, Mcknight is a 4-star analyst with an average return of 9.9% and a 55.1% success rate. Mcknight covers the Services sector, focusing on stocks such as International Game Technology, Las Vegas Sands, and Wynn Resorts.
Currently, the analyst consensus on MGM Resorts is a Moderate Buy with an average price target of $34.40.
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