In a report released on January 1, Andrew Lee, CFA from Jefferies maintained a Hold rating on MGM China Holdings (MCHVF – Research Report), with a price target of HK$9.40. The company’s shares closed yesterday at $1.31.
According to TipRanks, Lee, CFA is an analyst with an average return of -3.8% and a 20.00% success rate. Lee, CFA covers the Industrials sector, focusing on stocks such as COSCO SHIPPING Holdings Co, Orient Overseas (International), and Cathay Pacific Airways.
MGM China Holdings has an analyst consensus of Strong Buy, with a price target consensus of $1.64.
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The company has a one-year high of $1.45 and a one-year low of $0.97. Currently, MGM China Holdings has an average volume of 4,381.
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MGM China Holdings (MCHVF) Company Description:
MGM China Holdings Ltd. is an investment company, which engages in the development and operation of gaming and lodging resorts. The company involves in owning and management of casino, hotel, food and beverage, and retail operations. Its properties include MGM Macau and MGM Cotai. The company was founded on July 2, 2010 and is headquartered in Macau.
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