In a report released today, Carlo Santarelli from Deutsche Bank reiterated a Buy rating on Wynn Resorts (NASDAQ: WYNN), with a price target of $215. The company’s shares closed on Friday at $192.50, close to its 52-week high of $203.63.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 16.1% and a 75.8% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Penn National Gaming.
Wynn Resorts has an analyst consensus of Strong Buy, with a price target consensus of $213.63.
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The company has a one-year high of $203.63 and a one-year low of $124.11. Currently, Wynn Resorts has an average volume of 2.48M.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. Last month, Robert Jos Miller, a Director at WYNN sold 10,000 shares for a total of $1,917,289.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Wynn Resorts Ltd. is a holding company, which engages in the development, ownership, and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace, and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore.
