Deutsche Bank Gives Buy Rating to Wynn Resorts, Limited (WYNN)

By admin | 6 years ago

Wynn Resorts, Limited (NASDAQ: WYNN)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank (NYSE: DB) in a report issued on Monday.

Wynn Resorts, Limited traded up 2.19% on Monday, hitting $100.32. Wynn Resorts, Limited has a 1-year low of $95.82 and a 1-year high of $172.58. The company has a market cap of $11.306 billion and a price-to-earnings ratio of 20.82.

Wynn Resorts, Limited last released its earnings data on Monday, May 7th. The company reported $1.33 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.40 by $0.07. Wynn Resorts, Limited’s revenue was up 4.2% compared to the same quarter last year. Analysts expect that Wynn Resorts, Limited will post $1.53 EPS next quarter.

A number of other analysts have also recently weighed in on WYNN. Analysts at Goldman Sachs (NYSE: GS) upgraded shares of Wynn Resorts, Limited from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, May 30th. They now have a $650.00 price target on the stock, up previously from $136.00. Finally, analysts at Topeka Capital initiated coverage on shares of Wynn Resorts, Limited in a research note to investors on Friday, May 11st. They set a “buy” rating and a $180.00 price target on the stock.

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts.

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