Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Buy rating on Wynn Resorts (NASDAQ:WYNN) on Wednesday, setting a price target of $89, which is approximately 22.88% above the present share price of $72.43.
Santarelli expects Wynn Resorts to post earnings per share (EPS) of -$3.77 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Wynn Resorts, with an average price target of $97.
The analysts price targets range from a high of $122 to a low of $72.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $953.72 million and a net profit of -$220.18 million. The company's market cap is $7.88 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.6% and a 56.00% success rate.
Wynn Resorts Ltd . operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau (OTC:WYNMF), Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.