Vail Resorts (NYSE:MTN) Given New $194.00 Price Target at Deutsche Bank Aktiengesellschaft

Vail Resorts (NYSE:MTN) had its price objective cut by Deutsche Bank Aktiengesellschaft from $218.00 to $194.00 in a research report released on Monday morning, Benzinga reports. They currently have a hold rating on the stock.

A number of other research analysts have also recently issued reports on the company. Barclays decreased their target price on Vail Resorts from $201.00 to $161.00 and set an underweight rating on the stock in a research report on Friday, June 7th. Stifel Nicolaus decreased their price target on shares of Vail Resorts from $262.00 to $259.00 and set a buy rating on the stock in a report on Friday, June 7th. Mizuho dropped their price objective on shares of Vail Resorts from $256.00 to $231.00 and set a buy rating for the company in a research note on Friday, June 7th. Morgan Stanley decreased their target price on shares of Vail Resorts from $229.00 to $179.00 and set an equal weight rating on the stock in a research note on Friday, June 7th. Finally, JPMorgan Chase & Co. cut Vail Resorts from a neutral rating to an underweight rating and dropped their price target for the company from $217.00 to $176.00 in a research note on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Vail Resorts has an average rating of Hold and a consensus target price of $217.50.

Vail Resorts Trading Up 0.3 %

Shares of MTN stock opened at $180.56 on Monday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18. Vail Resorts has a fifty-two week low of $165.14 and a fifty-two week high of $254.78. The company has a market cap of $6.79 billion, a PE ratio of 24.57, a P/E/G ratio of 2.35 and a beta of 1.14. The stock’s fifty day moving average price is $178.47 and its two-hundred day moving average price is $194.00.

Institutional Trading of Vail Resorts

Several institutional investors have recently modified their holdings of MTN. Signaturefd LLC lifted its holdings in Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock worth $25,000 after buying an additional 83 shares during the period. Quarry LP acquired a new position in shares of Vail Resorts in the fourth quarter worth approximately $35,000. Brown Brothers Harriman & Co. lifted its stake in shares of Vail Resorts by 318.8% in the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after acquiring an additional 153 shares during the period. Canton Hathaway LLC boosted its holdings in Vail Resorts by 66.7% in the second quarter. Canton Hathaway LLC now owns 250 shares of the company’s stock valued at $45,000 after acquiring an additional 100 shares during the last quarter. Finally, Triad Wealth Partners LLC acquired a new stake in Vail Resorts during the 2nd quarter valued at approximately $51,000. Institutional investors own 94.94% of the company’s stock.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.