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Monarch Casino & Resort Analyst Ratings

Benzinga ·  Oct 18, 2023 12:33
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/18/2023 44.3% Truist Securities $95 → $90 Maintains Buy
06/27/2023 52.32% Truist Securities → $95 Reiterates Buy → Buy
01/18/2023 29.87% Macquarie $82 → $81 Downgrades Outperform → Neutral
10/20/2022 42.7% Truist Securities $85 → $89 Maintains Buy
10/20/2022 23.46% Stifel $70 → $77 Upgrades Hold → Buy
07/20/2022 36.28% Truist Securities $100 → $85 Maintains Buy
04/21/2022 53.92% Stifel → $96 Downgrades Buy → Hold
04/21/2022 44.3% Jefferies $85 → $90 Downgrades Buy → Hold
04/19/2022 60.33% Truist Securities $88 → $100 Maintains Buy
05/27/2020 -19.83% SunTrust Robinson Humphrey → $50 Initiates Coverage On → Buy
04/27/2020 -32.66% Stifel $35 → $42 Upgrades Hold → Buy
03/13/2020 -43.88% Stifel $51 → $35 Maintains Hold
01/06/2020 Jefferies Upgrades Hold → Buy

What is the target price for Monarch Casino & Resort (MCRI)?

The latest price target for Monarch Casino & Resort (NASDAQ: MCRI) was reported by Truist Securities on October 18, 2023. The analyst firm set a price target for $90.00 expecting MCRI to rise to within 12 months (a possible 44.30% upside). 5 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Monarch Casino & Resort (MCRI)?

The latest analyst rating for Monarch Casino & Resort (NASDAQ: MCRI) was provided by Truist Securities, and Monarch Casino & Resort maintained their buy rating.

When is the next analyst rating going to be posted or updated for Monarch Casino & Resort (MCRI)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monarch Casino & Resort, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Monarch Casino & Resort was filed on October 18, 2023 so you should expect the next rating to be made available sometime around October 18, 2024.

Is the Analyst Rating Monarch Casino & Resort (MCRI) correct?

While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a maintained with a price target of $95.00 to $90.00. The current price Monarch Casino & Resort (MCRI) is trading at is $62.37, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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