Vail Resorts (NYSE:MTN) Rating Reiterated by Stifel Nicolaus

Stifel Nicolaus reiterated their buy rating on shares of Vail Resorts (NYSE:MTN) in a research note published on Thursday, Benzinga reports. The firm currently has a $223.00 target price on the stock, down from their previous target price of $259.00.

MTN has been the subject of several other research reports. Mizuho lowered their target price on shares of Vail Resorts from $256.00 to $231.00 and set a buy rating for the company in a research note on Friday, June 7th. Barclays lowered their price objective on shares of Vail Resorts from $201.00 to $161.00 and set an underweight rating for the company in a research report on Friday, June 7th. Morgan Stanley cut their target price on shares of Vail Resorts from $229.00 to $179.00 and set an equal weight rating on the stock in a report on Friday, June 7th. JPMorgan Chase & Co. lowered Vail Resorts from a neutral rating to an underweight rating and lowered their target price for the company from $217.00 to $176.00 in a report on Friday, June 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Vail Resorts from $218.00 to $194.00 and set a hold rating on the stock in a research report on Monday, September 16th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Vail Resorts currently has an average rating of Hold and an average price target of $213.00.

Vail Resorts Price Performance

Shares of MTN opened at $185.00 on Thursday. Vail Resorts has a 52 week low of $165.14 and a 52 week high of $250.31. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 2.04. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 2.38 and a beta of 1.14. The stock has a 50 day moving average of $179.10 and a 200-day moving average of $192.89.

Institutional Trading of Vail Resorts

A number of institutional investors have recently made changes to their positions in MTN. Sanctuary Advisors LLC bought a new stake in Vail Resorts during the second quarter worth approximately $4,010,000. Dana Investment Advisors Inc. acquired a new position in shares of Vail Resorts during the 2nd quarter valued at $1,739,000. Aurora Investment Counsel raised its stake in shares of Vail Resorts by 24.6% in the 2nd quarter. Aurora Investment Counsel now owns 12,812 shares of the company’s stock worth $2,308,000 after buying an additional 2,532 shares in the last quarter. Regal Investment Advisors LLC raised its stake in shares of Vail Resorts by 23.9% in the 2nd quarter. Regal Investment Advisors LLC now owns 1,406 shares of the company’s stock worth $253,000 after buying an additional 271 shares in the last quarter. Finally, Algert Global LLC acquired a new stake in shares of Vail Resorts in the second quarter valued at $689,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.