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Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) target price raised to $18.00, issued a report today by Zacks Investment Research

Having a price of $16.98, Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) traded 6.12% higher on the day. With the last close up 0.00% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.04% over the same period. MPEL has recorded a 50-day average of $0.00 and a two hundred day average of $0.00. Trade Volume was up over the average, with 1 shares of MPEL changing hands over the typical 0

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) had its price target upped to $18.00 by Zacks Investment Research in an issued report announced 01/11/2017. The bumped up target suggests a possible upside of 0.06% based on the company's previous close.

Recent Performance Chart

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)

Melco Crown Entertainment Ltd (ADR) has with a one year low of $11.90 and a one year high of $20.00 and has a market capitalization of $0.

A total of 21 analysts have released a report on Melco Crown Entertainment Ltd (ADR). Three analysts rating the company a strong buy, six analysts rating the company a buy, twelve analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $17.85.

General Company Details For Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)

Melco Crown Entertainment Limited is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. The Company is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines. The Company's segments include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, and Corporate and Others. It has over three casino based operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and non-casino based operations in Macau at its Mocha Clubs. The Company also has a casino based operation in the Philippines, City of Dreams Manila. It is developing the fifth hotel tower at City of Dreams in Cotai, Macau. Its other operations also include Taipa Square Casino, a casino on Taipa Island, Macau operating within Hotel Taipa Square.

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