The latest price target for Monarch Casino & Resort (NASDAQ:MCRI) was reported by Wells Fargo on December 16, 2024. The analyst firm set a price target for $79.00 expecting MCRI to rise to within 12 months (a possible 0.92% upside). 8 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 initiated their underweight rating.

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.

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 December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.

While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a initiated with a price target of $0.00 to $79.00. The current price Monarch Casino & Resort (MCRI) is trading at is $78.28, which is within the analyst’s predicted range.