MGM China Holdings Ltd (MCHVF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of MGM China Holdings Ltd (OTCMKTS:MCHVF) have received a consensus recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company.

A number of brokerages have issued reports on MCHVF. Daiwa Capital Markets restated a “neutral” rating on shares of MGM China in a research report on Monday, March 11th. Macquarie began coverage on shares of MGM China in a research report on Monday, April 8th. They set an “underperform” rating for the company. Jefferies Financial Group began coverage on shares of MGM China in a research report on Monday, April 8th. They set a “hold” rating for the company. Finally, CLSA upgraded shares of MGM China from an “underperform” rating to an “outperform” rating in a research report on Thursday, January 3rd.

Shares of OTCMKTS MCHVF remained flat at $$2.10 during midday trading on Tuesday. MGM China has a 52-week low of $1.41 and a 52-week high of $2.92.

MGM China Company Profile

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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Analyst Recommendations for MGM China (OTCMKTS:MCHVF)

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