CLSA upgraded Wynn Resorts, Limited (NASDAQ:WYNN) to Outperform in a report released today.
- Updated: April 20, 2017
Yesterday Wynn Resorts, Limited (NASDAQ:WYNN) traded 1.01% higher at $116.03. The company’s 50-day moving average is $110.23 and its 200-day moving average is $98.32. The last stock close price is up 18.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,185,095 shares of the stock were exchanged, down from an average trading volume of 2,410,580
CLSA has upgraded Wynn Resorts, Limited (NASDAQ:WYNN) to Outperform in a report released on 04/20/2017.
On 04/17/2017, Vetr Inc. released a statement about Wynn Resorts, Limited (NASDAQ:WYNN) increased the target price from $0.00 to $119.59 that suggested an upside of 0.05%.
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Wynn Resorts, Limited has a 52 week low of $82.51 and a 52 week high of $119.80 with a P/E ratio of 48.78 The company’s market cap is currently $0.
In addition to CLSA reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $95.06 with 2 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 analyst rating the company a sell.
More About Wynn Resorts, Limited (NASDAQ:WYNN)
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company's segments include Macau Operations and Las Vegas Operations. The Company's Macau Operations include Wynn Macau and Wynn Palace. It also includes Encore, an expansion at Wynn Macau. The Company's Las Vegas Operations include Wynn Las Vegas and Encore, an expansion at Wynn Las Vegas. Wynn Las Vegas is located at the intersection of the Las Vegas Strip and Sands Avenue. As of December 31, 2016, it occupied approximately 215 acres of land fronting the Las Vegas Strip. As of December 31, 2016, the Company owned approximately 18 acres across Sands Avenue. The Company is constructing Wynn Boston Harbor, an integrated casino resort in Everett, Massachusetts.
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