$68.46
-0.46[-0.67%]
Last update: 1:38PM Get Real Time Here
Monarch Casino & Resort
(NASDAQ:MCRI)Monarch Casino & Resort Stock (NASDAQ:MCRI), Analyst Ratings, Price Targets, Predictions
Monarch Casino & Resort Inc has a consensus price target of $81.2, established from looking at the 14 latest analyst ratings. The last 3 analyst ratings were released from Macquarie, Truist Securities, and Stifel on April 18, 2024, February 15, 2024, and January 5, 2024. With an average price target of $73.33 between Macquarie, Truist Securities, and Stifel, there's an implied 6.40% upside for Monarch Casino & Resort Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Macquarie
Truist Securities
Stifel
Stifel
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Monarch Casino & Resort
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 10.27% | Macquarie | Chad Beynon | $75 → $76 | Maintains | Neutral | Get Alert |
| 02/15/2024 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 7.37% | Truist Securities | Barry Jonas | $72 → $74 | Maintains | Hold | Get Alert |
| 01/05/2024 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 1.57% | Stifel | Jeffrey Stantial | → $70 | Downgrade | Buy → Hold | Get Alert |
| 10/19/2023 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | -5.69% | Truist Securities | Barry Jonas | → $65 | Downgrade | Buy → Hold | Get Alert |
| 10/19/2023 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 20.43% | Stifel | Jeffrey Stantial | $91 → $83 | Maintains | Buy | Get Alert |
| 10/18/2023 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 30.59% | Truist Securities | Barry Jonas | $95 → $90 | Maintains | Buy | Get Alert |
| 06/27/2023 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 37.84% | Truist Securities | Barry Jonas | → $95 | Reiterates | Buy → Buy | Get Alert |
| 01/18/2023 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 17.53% | Macquarie | Chad Beynon | $82 → $81 | Downgrade | Outperform → Neutral | Get Alert |
| 10/20/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 29.14% | Truist Securities | Barry Jonas | $85 → $89 | Maintains | Buy | Get Alert |
| 10/20/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 11.72% | Stifel | Jeffrey Stantial | $70 → $77 | Upgrade | Hold → Buy | Get Alert |
| 07/20/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 23.33% | Truist Securities | Barry Jonas | $100 → $85 | Maintains | Buy | Get Alert |
| 04/21/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 39.29% | Stifel | Steven Wieczynski | → $96 | Downgrade | Buy → Hold | Get Alert |
| 04/21/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 30.59% | Jefferies | David Katz | $85 → $90 | Downgrade | Buy → Hold | Get Alert |
| 04/19/2022 | MCRI | Buy Now | Monarch Casino & Resort | $68.92 | 45.1% | Truist Securities | Barry Jonas | $88 → $100 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Monarch Casino & Resort (MCRI)?
The latest price target for Monarch Casino & Resort (NASDAQ: MCRI) was reported by Macquarie on April 18, 2024. The analyst firm set a price target for $76.00 expecting MCRI to rise to within 12 months (a possible 11.01% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Monarch Casino & Resort (MCRI)?
The latest analyst rating for Monarch Casino & Resort (NASDAQ: MCRI) was provided by Macquarie, and Monarch Casino & Resort maintained their neutral rating.
When was the last upgrade for Monarch Casino & Resort (MCRI)?
The last upgrade for Monarch Casino & Resort Inc happened on October 20, 2022 when Stifel raised their price target to $77. Stifel previously had a hold for Monarch Casino & Resort Inc.
When was the last downgrade for Monarch Casino & Resort (MCRI)?
The last downgrade for Monarch Casino & Resort Inc happened on January 5, 2024 when Stifel changed their price target from N/A to $70 for Monarch Casino & Resort Inc.
When is the next analyst rating going to be posted or updated for Monarch Casino & Resort (MCRI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monarch Casino & Resort, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Monarch Casino & Resort was filed on April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Monarch Casino & Resort (MCRI) correct?
While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a maintained with a price target of $75.00 to $76.00. The current price Monarch Casino & Resort (MCRI) is trading at is $68.46, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.