MGM China Holdings Ltd (MCHVF) Receives Consensus Rating of “Hold” from Analysts
Shares of MGM China Holdings Ltd (OTCMKTS:MCHVF) have been assigned an average rating of “Hold” from the nine analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company.
Several equities research analysts have issued reports on the stock. Jefferies Financial Group assumed coverage on shares of MGM China in a research note on Monday, April 8th. They set a “hold” rating for the company. Daiwa Capital Markets reiterated a “neutral” rating on shares of MGM China in a research note on Monday, March 11th. Macquarie assumed coverage on shares of MGM China in a research note on Monday, April 8th. They set an “underperform” rating for the company. Finally, CLSA upgraded shares of MGM China from an “underperform” rating to an “outperform” rating in a research note on Thursday, January 3rd.
MCHVF remained flat at $$2.10 during trading on Tuesday. MGM China has a 12 month low of $1.41 and a 12 month high of $2.92.
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company engages in the development and operation of casino games of chance and other casino games, the related hotel and resort facilities, and the development of integrated resorts in Macau.
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