MGM China (MCHVF) Rating Increased to Outperform at CLSA
CLSA upgraded shares of MGM China (OTCMKTS:MCHVF) from an underperform rating to an outperform rating in a research report released on Friday morning, The Fly reports.
Separately, HSBC raised MGM China from a hold rating to a buy rating in a research report on Monday, August 20th.
MGM China stock traded down $0.12 during trading hours on Friday, hitting $1.66. 4,000 shares of the stock traded hands, compared to its average volume of 2,246. MGM China has a one year low of $1.75 and a one year high of $3.21.
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company engages in the development and operation of casino games of chance and other casino games, the related hotel and resort facilities, and the development of integrated resorts in Macau.
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