MGM Resorts International Making All the Right Moves in 2017
MGM Resorts International (NYSE: MGM) has made a lot of transformative moves in 2017. It opened MGM National Harbor near Washington D.C., started paying a dividend for the first time, and announced a $1 billion share-buyback program.
All of this adds up to a huge turnaround for a company that almost went bankrupt in 2009 during the depths of the recession. And a couple of its recent moves were about as shrewd as they come in the gaming industry.
Image source: Getty Images.
Source: Fool.com
MGM Resorts International Stock
€38.54
-0.210%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on MGM Resorts International.
As a result the target price of 51 € shows a positive potential of 32.35% compared to the current price of 38.54 € for MGM Resorts International.