Citigroup (C) Analysts Raise Price Target on Wynn Resorts, Limited (WYNN) to $133.50
Tuesday, July 19, 2021 6:12 AM

Equities research analysts at Citigroup (NYSE: C) boosted their price target on shares of Wynn Resorts, Limited (NASDAQ: WYNN) to $133.50 in a research note to investors on Tuesday.

Separately, analysts at Sterne Agee raised their price target on shares of Wynn Resorts, Limited to $146.00 in a research note to investors on Monday. They now have a "neutral" rating on the stock. Also, analysts at Jefferies raised their EPS on shares of Wynn Resorts, Limited in a research note to investors on Friday. They now have a "buy" rating and a $189.00 price target on the stock.

Shares of Wynn Resorts, Limited opened at 164.89 on Wednesday. Wynn Resorts, Limited has a 52 week low of $77.37 and a 52 week high of $165.31. The stock's 50-day moving average is $143.0 and its 200-day moving average is $132.3. The company has a market cap of $20.406 billion and a price-to-earnings ratio of 66.87.

Wynn Resorts, Limited last announced its quarterly results on Monday, July 18th. The company reported $1.60 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.03 EPS by $0.57. The company’s quarterly revenue was up 32.3% on a year-over-year basis. On average, analysts predict that Wynn Resorts, Limited will post $0.92 EPS next quarter.

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts. It owns and operates two destination casino resorts Wynn Las Vegas, on the Strip in Las Vegas, Nevada, Encore at Wynn Las Vegas located adjacent to Wynn Las Vegas, and Wynn Macau, located in the Macau Special Administrative Region of the People’s Republic of China (Macau). The Company is also constructing Encore at Wynn Macau, an expansion of its Wynn Macau resort. The Company operates in two segments: Wynn Las Vegas, (which includes Encore at Wynn Las Vegas) and Wynn Macau.

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