Wynn Resorts Ltd. (NASDAQ:WYNN)’s share price rose 3.3% on Monday . The company traded as high as $95.99 and last traded at $95.22, with a volume of 1,552,874 shares traded. The stock had previously closed at $92.22.

WYNN has been the topic of a number of research reports. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of Wynn Resorts in a research report on Monday, May 9th. Vetr raised Wynn Resorts from a “sell” rating to a “hold” rating and set a $93.62 target price on the stock in a research report on Monday, March 28th. Zacks Investment Research raised Wynn Resorts from a “hold” rating to a “buy” rating and set a $108.00 target price on the stock in a research report on Tuesday, April 19th. JPMorgan Chase & Co. upped their target price on Wynn Resorts from $71.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 30th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $117.00 price target (up previously from $101.00) on shares of Wynn Resorts in a report on Wednesday, April 13th. Eleven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Wynn Resorts has an average rating of “Hold” and a consensus target price of $96.57.

The firm has a market cap of $9.65 billion and a PE ratio of 30.76. The firm’s 50 day moving average is $96.19 and its 200-day moving average is $85.41.

Several hedge funds and institutional investors have bought and sold shares of the company. Andra AP fonden boosted its position in Wynn Resorts by 137.7% in the fourth quarter. Andra AP fonden now owns 16,400 shares of the casino operator’s stock valued at $1,135,000 after buying an additional 9,500 shares in the last quarter. Aberdeen Asset Management PLC UK raised its stake in shares of Wynn Resorts by 12.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 21,054 shares of the casino operator’s stock valued at $1,330,000 after buying an additional 2,290 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Wynn Resorts by 1.5% in the fourth quarter. Nationwide Fund Advisors now owns 24,257 shares of the casino operator’s stock valued at $1,678,000 after buying an additional 354 shares during the last quarter. Stephens Inc. AR raised its stake in shares of Wynn Resorts by 183.0% in the fourth quarter. Stephens Inc. AR now owns 27,928 shares of the casino operator’s stock valued at $1,932,000 after buying an additional 18,058 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Wynn Resorts by 5.2% in the fourth quarter. Bank of Montreal Can now owns 31,178 shares of the casino operator’s stock valued at $2,158,000 after buying an additional 1,536 shares during the last quarter.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the People’s Republic of China (Macau).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.