Vail Resorts, Inc. (MTN) PT Set at $180.00 by MKM Partners
Vail Resorts, Inc. (NYSE:MTN) received a $180.00 price objective from investment analysts at MKM Partners in a research note issued on Tuesday. The firm currently has a a “buy” rating on the stock. MKM Partners’ target price points to a potential upside of 11.62% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. Credit Suisse Group AG set a $153.00 target price on Vail Resorts and gave the stock a “buy” rating in a research report on Monday, September 12th. Zacks Investment Research upgraded Vail Resorts from a “hold” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Wednesday, August 24th. Janney Montgomery Scott reiterated a “buy” rating and set a $170.00 target price (up from $153.00) on shares of Vail Resorts in a research report on Wednesday, August 10th. Bank of America Corp. reiterated a “buy” rating on shares of Vail Resorts in a research report on Friday, June 10th. Finally, KeyCorp increased their target price on Vail Resorts from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $151.45.
Vail Resorts (NYSE:MTN) opened at 161.26 on Tuesday. The firm has a market capitalization of $5.83 billion, a P/E ratio of 41.60 and a beta of 0.70. Vail Resorts has a 12 month low of $100.50 and a 12 month high of $162.95. The stock’s 50 day moving average price is $157.50 and its 200-day moving average price is $139.80.
Large investors have recently bought and sold shares of the stock. BlackRock Institutional Trust Company N.A. raised its stake in Vail Resorts by 21.3% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,124,215 shares of the company’s stock worth $150,308,000 after buying an additional 197,652 shares during the period. Alliancebernstein L.P. raised its stake in Vail Resorts by 1,166.7% in the second quarter. Alliancebernstein L.P. now owns 779,530 shares of the company’s stock worth $107,754,000 after buying an additional 717,990 shares during the period. Waddell & Reed Financial Inc. raised its stake in Vail Resorts by 0.4% in the second quarter. Waddell & Reed Financial Inc. now owns 676,050 shares of the company’s stock worth $93,451,000 after buying an additional 2,600 shares during the period. State Street Corp raised its stake in shares of Vail Resorts by 3.1% in the first quarter. State Street Corp now owns 672,314 shares of the company’s stock worth $89,889,000 after buying an additional 20,470 shares during the period. Finally, Norges Bank acquired a new stake in shares of Vail Resorts during the fourth quarter worth $48,741,000. Institutional investors and hedge funds own 98.48% of the company’s stock.
Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. The Company’s Mountain segment operates around 10 mountain resort properties and two urban ski areas, as well as ancillary services, primarily including, ski school, dining and retail/rental operations.
Receive News & Ratings for Vail Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vail Resorts Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.