Merrill Lynch Thinks Vail Resorts’ Stock is Going to Recover


Merrill Lynch analyst Shaun Kelley maintained a Buy rating on Vail Resorts (MTN) today and set a price target of $265. The company’s shares closed on Monday at $210.82, close to its 52-week low of $200.29.

According to TipRanks.com, Kelley is a 4-star analyst with an average return of 6.6% and a 52.3% success rate. Kelley covers the Services sector, focusing on stocks such as Extended Stay America, Penn National Gaming, and Red Rock Resorts Inc.

Currently, the analyst consensus on Vail Resorts is a Strong Buy with an average price target of $284.75.

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Vail Resorts’ market cap is currently $8.52B and has a P/E ratio of 29.67. The company has a Price to Book ratio of 6.36.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

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Vail Resorts, Inc. is a holding company, which engages in the operation of mountain resorts. It operates through the following segments: Mountain, Lodging, and Real Estate. The Mountain segment covers the operation of mountain resorts or ski areas, and related activities.

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