Wynn Macau (OTCMKTS:WYNMF) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a report released on Tuesday, April 2nd, The Fly reports.
A number of other equities research analysts also recently weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating on shares of Wynn Macau in a research note on Monday, January 7th. Deutsche Bank downgraded shares of Wynn Macau from a “buy” rating to a “hold” rating in a research note on Tuesday, December 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Wynn Macau in a research note on Monday, March 4th. Finally, Daiwa Capital Markets started coverage on shares of Wynn Macau in a research note on Wednesday, January 23rd. They issued a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold”.
Shares of Wynn Macau stock opened at $2.66 on Tuesday. Wynn Macau has a 12-month low of $1.95 and a 12-month high of $3.98. The stock has a market capitalization of $13.84 billion, a PE ratio of 29.59 and a beta of 1.79.
Wynn Macau, Limited develops, owns, and operates the Wynn Macau and Wynn Palace casino resorts in Macau. The company's Wynn Macau resort features approximately 273,000 square feet of casino space offering 24-hour gaming and various games, including private gaming salons, sky casinos, and a poker pit; 2 hotel towers with 1,008 rooms and suites; 8 casual and fine dining restaurants; and recreation and leisure facilities, such as 2 health clubs and spas, a salon, and a pool.
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