In a report released yesterday, Steven Wieczynski from Stifel Nicolaus maintained a Buy rating on Wynn Resorts (WYNN – Research Report), with a price target of $138.00. The company’s shares closed yesterday at $95.75.
According to TipRanks, Wieczynski is a 5-star analyst with an average return of 12.5% and a 52.81% success rate. Wieczynski covers the Consumer Cyclical sector, focusing on stocks such as Norwegian Cruise Line, Carnival, and MGM Resorts.
Wynn Resorts has an analyst consensus of Strong Buy, with a price target consensus of $127.14, which is a 32.78% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a $138.00 price target.
WYNN market cap is currently $10.9B and has a P/E ratio of 15.48.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.
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Wynn Resorts (WYNN) Company Description:
Wynn Resorts Ltd. operates as 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. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.
