MGM Resorts (MGM) Stock Gets Fair Value Bump As Analysts Weigh Take Private Bid

·15 Aug
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The fair value estimate for MGM Resorts International (MGM) has increased slightly to US$50.57, while analysts are providing diverse price targets, mostly in the low to mid US$40s and US$50s. This adjustment comes as analysts consider the proposed US$48.30 per share take-private offer from People Incorporated, with views split on execution risk, growth options, and the offer's impact. Bullish analysts highlight strong Las Vegas Strip trends and potential from MGM Osaka, while bearish views cite mixed signals for Las Vegas and Macau, leading to a more cautious stance on the stock.

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Yahoo Finance Singapore

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