Barclays Capital Increases Vail Resorts Price Target to $75.00 (MTN)
Equities researchers at Barclays Capital lifted their price objective on shares of Vail Resorts (NASDAQ:MTN) from $69.00 to $75.00 in a research report issued on Tuesday, Stock Ratings Network.com reports. The firm currently has an “overweight” rating on the stock. Barclays Capital’s price target points to a potential upside of 7.02% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of Vail Resorts (NASDAQ:MTN) from $69.00 to $71.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock.
Vail Resorts (NASDAQ:MTN) traded up 1.01% during mid-day trading on Tuesday, hitting $70.08. 305,030 shares of the company’s stock traded hands. Vail Resorts has a 52 week low of $49.35 and a 52 week high of $71.18. The stock’s 50-day moving average is $68.97 and its 200-day moving average is $64.78. The company has a price-to-earnings ratio of 67.36.
Vail Resorts, Inc is a public holding company. The Company’s operations are grouped into three business segments: Mountain, Lodging and Real Estate.
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