The firm set a "buy" rating on the stock. Those same analysts are projecting that the stock will reach $20.04 on a short term basis. BNP Paribas restated a "sell" rating on shares of Melco Crown Entertainment in a report on Sunday, August 28th. They set an "outperform" rating on the stock. Wells Fargo & Company reaffirmed a "neutral" rating and issued a $17.00 price objective (up previously from $13.00) on shares of Melco Crown Entertainment Limited in a research note on Monday, November 7th. Melco Crown Entertainment Limited now has an average rating of Buy and a consensus price target of $17.53.
10/05/2016 - Melco Crown Entertainment Limited had its "neutral" rating reiterated by analysts at Goldman Sachs. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 4.00. The stock's market capitalization is 8.63B, it has a 52-week low of 11.91 and a 52-week high of 20.00. Further back, their 200-Day Simple Moving Average is 25.40% difference from today's price.
Casino operators MGM Resorts International (MGM) and Melco Crown Entertainment (MPEL) both reported mixed fourth-quarter results Thursday but their stocks moved in opposite directions.
Based on several research reports, Melco Crown Entertainment Ltd (ADR) was Upgraded by Morgan Stanley to " Overweight" on Feb 13, 2017.
Brexit: UK could be 'more vulnerable to terrorist attacks'
He will say there has been no "real discussion as to why and when Brexit doesn't affect the immigration people most care about". But pro-leave campaigners last night slammed Blair, saying he is trying to get back into politics by lying to the public.
Melco, which operates casinos in Macau and elsewhere in Asia, said it earned 12 cents per share, up from a net loss of 2 cents per share a year earlier, according to Thomson Reuters. Net revenue at domestic resorts climbed 17% to $1.8 billion.
Estimates: Earnings per share of 21 cents, rebounding from a year-ago loss of 6 cents a share, with revenue up 12% to $2.46 billion.
The results showed that net revenue during the fourth quarter of last year grew about 13 percent year-on-year from USD1,058 million to nearly USD1,193.
Melco Crown Entertainment Limited (NASDAQ:MPEL) has been given a consensus recommendation of "Buy" by the twenty analysts that are covering the company.
Libya rival factions agree to hold general elections in 2018
Observers have noted that the plan to sideline Haftar as per the 2015 agreement has Ashraf Al Tulty contributed to political impasse in the country.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Monday, January 23rd were given a dividend of $1.3212 per share. This is a positive change from Melco Crown Entertainment Limited's previous quarterly dividend of $0.01. The ex-dividend date was Thursday, November 10th. This represents a yield of 0.84%.
Melco Crown Entertainment Limited (NASDAQ:MPEL) Price to Earnings (P/E) ratio is 74.68.
09/08/2016 - Macquarie began new coverage on Melco Crown Entertainment Limited giving the company a "outperform" rating. If you are reading this news story on another domain, it was stolen and reposted in violation of U.S. & worldwide copyright and trademark laws. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/02/16/melco-crown-entertainment-limited-mpel-downgraded-by-vetr-inc.html.
A number of hedge funds have recently modified their holdings of the stock. Coronation Fund Managers Ltd. increased its stake in shares of Melco Crown Entertainment Limited by 27.2% in the third quarter. Harris Associates L P raised its stake in shares of Melco Crown Entertainment by 25.9% in the second quarter.
New Zealand vs South Africa
The game may not go down as one where both sides do all the basics well but it is nearly certain to prove incredibly entertaining. The teams last met at Eden Park in the semifinals of the 2015 ODI World Cup when New Zealand won with two balls to spare.