MELCO RESORTS & ENTERT-ADR (MLCO)

US5854641009 - ADR

6.59  +0.05 (+0.76%)

After market: 6.55 -0.04 (-0.61%)

Buy % Consensus

80

ChartMill assigns a Buy % Consensus number of 80% to MLCO. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 11.95. This target is 81.27% above the current price.
MLCO was analyzed by 20 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about MLCO.
In the previous month the buy percentage consensus was at a similar level.
MLCO was analyzed by 20 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 6.598.2811.6311.9518.90 - 25.68% 76.45% 81.27% 186.80%
Up and Down Grades
Date Firm Action Rating
2024-05-01 Citigroup Maintains Buy -> Buy
2024-04-29 Susquehanna Maintains Positive -> Positive
2024-04-15 Seaport Global Initiate Buy
2024-03-12 B of A Securities Maintains Neutral -> Neutral
2024-01-02 Morgan Stanley Downgrade Overweight -> Equal-Weight
2023-12-15 Susquehanna Initiate Positive
2023-07-18 Macquarie Initiate Outperform
2023-06-28 B of A Securities Downgrade Buy -> Neutral
2023-06-20 Credit Suisse Upgrade Neutral -> Outperform
2022-11-28 JP Morgan Upgrade Neutral -> Overweight
2022-10-17 Credit Suisse Downgrade Outperform -> Neutral
2022-09-26 Citigroup Maintains Buy
2022-07-05 Citigroup Maintains Buy
2022-05-06 CLSA Upgrade Outperform -> Buy
2021-12-14 Morgan Stanley Upgrade Equal-Weight -> Overweight
2021-09-16 JP Morgan Downgrade Overweight -> Neutral
2021-07-28 HSBC Upgrade Hold -> Buy
2021-07-15 HSBC Downgrade Buy -> Hold
2021-07-14 CLSA Upgrade Outperform -> Buy
2021-05-24 Morgan Stanley Downgrade Overweight -> Equal-Weight