.png "Wynn Resorts (NASDAQ: WYNN)")
In a report released yesterday, Shaun Kelley from Merrill Lynch maintained a Hold rating on Wynn Resorts (NASDAQ: WYNN), with a price target of $125. The company’s shares closed yesterday at $114.67, close to its 52-week low of $113.31.
According to TipRanks.com, Kelley is a 4-star analyst with an average return of 9.8% and a 58.0% success rate. Kelley covers the Services sector, focusing on stocks such as Las Vegas Sands, MGM Resorts, and Caesars.
Wynn Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $172.11.
See today’s analyst top recommended stocks >>
Based on Wynn Resorts’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $156 million. In comparison, last year the company had a net profit of $79.77 million.
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.
