Vail Resorts, Inc. (NYSE:MTN)‘s stock had its “hold” rating reaffirmed by investment analysts at Stifel Nicolaus in a report issued on Thursday, September 7th. They currently have a $229.00 price target on the stock. Stifel Nicolaus’ price objective suggests a potential downside of 1.41% from the stock’s previous close.
A number of other analysts have also issued reports on the stock. KeyCorp restated an “overweight” rating and issued a $250.00 price target on shares of Vail Resorts in a research note on Wednesday, August 30th. Zacks Investment Research lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a research note on Tuesday, August 29th. Bank of America Corporation restated a “buy” rating and issued a $228.00 price target (up previously from $205.00) on shares of Vail Resorts in a research note on Friday, June 9th. BidaskClub upgraded shares of Vail Resorts from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Finally, William Blair initiated coverage on shares of Vail Resorts in a research note on Friday, July 21st. They issued an “outperform” rating for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Vail Resorts has a consensus rating of “Buy” and a consensus target price of $227.75.
Vail Resorts (MTN) opened at 228.97 on Thursday. Vail Resorts has a one year low of $151.60 and a one year high of $232.71. The company has a market cap of $9.18 billion, a P/E ratio of 44.56 and a beta of 0.53. The company has a 50-day moving average of $221.38 and a 200 day moving average of $205.07.
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Several institutional investors and hedge funds have recently made changes to their positions in the company. Tocqueville Asset Management L.P. boosted its holdings in shares of Vail Resorts by 0.3% during the second quarter. Tocqueville Asset Management L.P. now owns 2,770 shares of the company’s stock valued at $562,000 after acquiring an additional 8 shares during the period. Comerica Bank lifted its holdings in Vail Resorts by 0.6% in the second quarter. Comerica Bank now owns 1,789 shares of the company’s stock worth $376,000 after purchasing an additional 10 shares during the period. Corundum Group Inc. lifted its holdings in Vail Resorts by 0.9% in the second quarter. Corundum Group Inc. now owns 1,603 shares of the company’s stock worth $325,000 after purchasing an additional 15 shares during the period. Concert Wealth Management Inc. lifted its holdings in Vail Resorts by 1.1% in the first quarter. Concert Wealth Management Inc. now owns 1,817 shares of the company’s stock worth $290,000 after purchasing an additional 20 shares during the period. Finally, Paloma Partners Management Co lifted its holdings in Vail Resorts by 0.8% in the first quarter. Paloma Partners Management Co now owns 2,821 shares of the company’s stock worth $542,000 after purchasing an additional 23 shares during the period. 96.49% of the stock is owned by institutional investors.
Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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