
J.P. Morgan Reaffirms Their Buy Rating on MGM China Holdings (MCHVF)
In a report released today, Ds Kim from J.P. Morgan reiterated a Buy rating on MGM China Holdings (MCHVF – Research Report), with a price target of HK$15.00.
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Kim covers the Consumer Cyclical sector, focusing on stocks such as Melco Resorts & Entertainment, SJM Holdings, and Melco International. According to TipRanks, Kim has an average return of 8.0% and a 46.74% success rate on recommended stocks.
In a report released on May 22, CLSA also maintained a Buy rating on the stock with a HK$13.50 price target.
The company has a one-year high of $1.97 and a one-year low of $1.00. Currently, MGM China Holdings has an average volume of 300.
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