The latest reports which are outstanding on Wednesday 15th of March state 7 analysts have a rating of "strong buy", 8 analysts "buy", 7 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell".
Several equities analysts recently weighed in on MPEL shares. Credit Suisse Group AG upgraded Melco Crown Entertainment from a "neutral" rating to an "outperform" rating in a report on Monday, November 21st.
08/25/2016 - Melco Crown Entertainment Limited had its "sell" rating reiterated by analysts at BNP Paribas. Sanford C. Bernstein restated a "buy" rating on shares of Melco Crown Entertainment in a report on Tuesday, December 13th.
09/08/2016 - Macquarie began new coverage on Melco Crown Entertainment Limited giving the company a "outperform" rating. Finally, analysts shed their light over the MPEL price targets; maintaining price high target of 25.50 while at average the price target was 20.87 in contrast with the current price of 17.83.
A number of hedge funds and other institutional investors have recently made changes to their positions in MPEL. GRATRY & Co LLC purchased a new position in Melco Crown Entertainment during the third quarter valued at approximately $179,000. Coronation Fund Managers Ltd. now owns 5,968,096 shares of the company's stock worth $96,146,000 after buying an additional 1,274,667 shares during the period. The Stock opened its session at $17.83 and closed at $18.55 by showing increase of 4.04 percent.
09/09/2016 - Melco Crown Entertainment Limited was upgraded to " by analysts at Deutsche Bank. The 1-year price target of the company is 20.79.
The Company now has Insider ownership of 33.5 Percent and Institutional Ownership of 42.9 Percent.
Melco Crown Entertainment (NASDAQ:MPEL) traded up 3.06% during midday trading on Thursday, reaching $17.84.
The stock has also started to move higher lately, adding 5.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. The company has a 50-day moving average of $16.88 and a 200 day moving average of $16.74.
The company's stock now has 9.13 Billion in market capitalization. This is the target price announced for one year. The Return on Investment (ROI) is at 4.5% while it's Return on Equity (ROE) value stands at 5%. According to their predictions High & Low revenue estimates are 1.21 Billion and 1.08 Billion respectively. During the same quarter in the previous year, the company posted ($0.02) EPS. Company's distance from 20 day simple moving average is 10.88% and distance from 50-Day simple moving average is 12.21%. The analysts offering Earnings Estimates for the company were believing that Melco Crown Entertainment Limited (MPEL) could bring EPS of $0.13/share. Shareholders of record on Monday, February 27th were given a dividend of $0.03 per share. With reference to all theories, earning yield also gives right direction to lure investment, as MPEL has 0.56% dividend yield. The ex-dividend date was Thursday, February 23rd.
08/25/2016 - Melco Crown Entertainment Limited had its " rating reiterated by analysts at BNP Paribas. Melco Crown Entertainment's payout ratio is 25.00%. Aegis restated a "buy" rating and set a $23.00 target price on shares of Melco Crown Entertainment in a report on Thursday, February 16th. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. The Company is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines.