MGM China (MCHVF) Earns Neutral Rating from Daiwa Capital Markets

Daiwa Capital Markets reaffirmed their neutral rating on shares of MGM China (OTCMKTS:MCHVF) in a research note issued to investors on Monday morning.

Several other research analysts have also issued reports on MCHVF. Credit Suisse Group lowered shares of MGM China from an outperform rating to a neutral rating in a research note on Wednesday, December 12th. CLSA upgraded shares of MGM China from an underperform rating to an outperform rating in a research note on Thursday, January 3rd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. MGM China has a consensus rating of Hold.

Shares of MGM China stock opened at $1.96 on Monday. MGM China has a 1 year low of $1.41 and a 1 year high of $3.04.

MGM China Company Profile

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company engages in the development and operation of casino games of chance and other casino games, the related hotel and resort facilities, and the development of integrated resorts in Macau.

Further Reading: What is the balance sheet?

Analyst Recommendations for MGM China (OTCMKTS:MCHVF)

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