Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Monarch Casino & Resort Inc has a consensus price target of $88.67 based on the ratings of 6 analysts. The high is $100 issued by Truist Securities on January 14, 2025. The low is $76 issued by Macquarie on July 25, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Stifel, and Truist Securities on February 12, 2025, February 12, 2025, and January 14, 2025, respectively. With an average price target of $90.67 between Wells Fargo, Stifel, and Truist Securities, there's an implied -4.03% downside for Monarch Casino & Resort Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Monarch Casino & Resort (NASDAQ:MCRI) was reported by Wells Fargo on February 12, 2025. The analyst firm set a price target for $82.00 expecting MCRI to fall to within 12 months (a possible -13.20% downside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Monarch Casino & Resort (NASDAQ:MCRI) was provided by Wells Fargo, and Monarch Casino & Resort maintained their underweight rating.
The last upgrade for Monarch Casino & Resort Inc happened on January 14, 2025 when Truist Securities raised their price target to $100. Truist Securities previously had a hold for Monarch Casino & Resort Inc.
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.
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 February 12, 2025 so you should expect the next rating to be made available sometime around February 12, 2026.
While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a maintained with a price target of $79.00 to $82.00. The current price Monarch Casino & Resort (MCRI) is trading at is $94.47, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.