Deutsche Bank Aktiengesellschaft Trims Vail Resorts (NYSE:MTN) Target Price to $194.00

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

MTN has been the subject of a number of other research reports. Stifel Nicolaus decreased their target price on shares of Vail Resorts from $262.00 to $259.00 and set a buy rating for the company in a research report on Friday, June 7th. Mizuho dropped their target price on Vail Resorts from $256.00 to $231.00 and set a buy rating on the stock in a report on Friday, June 7th. Barclays cut their target price on Vail Resorts from $201.00 to $161.00 and set an underweight rating for the company in a research report on Friday, June 7th. Morgan Stanley dropped their price objective on 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. lowered Vail Resorts from a neutral rating to an underweight rating and cut their price objective for the company from $217.00 to $176.00 in a report on Friday, June 7th. Two 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. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $217.50.

Vail Resorts Price Performance

Shares of MTN opened at $183.35 on Monday. Vail Resorts has a one year low of $165.14 and a one year high of $254.78. The stock’s fifty day moving average is $178.65 and its 200-day moving average is $193.66. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18. The firm has a market capitalization of $6.90 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 2.38 and a beta of 1.14.

Institutional Investors Weigh In On Vail Resorts

Institutional investors and hedge funds have recently modified their holdings of the stock. CANADA LIFE ASSURANCE Co increased its stake in Vail Resorts by 66.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 45,233 shares of the company’s stock worth $10,082,000 after purchasing an additional 17,976 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Vail Resorts in the first quarter worth approximately $3,228,000. Nordea Investment Management AB increased its position in shares of Vail Resorts by 5.9% in the first quarter. Nordea Investment Management AB now owns 441,749 shares of the company’s stock worth $98,470,000 after acquiring an additional 24,456 shares in the last quarter. Junto Capital Management LP acquired a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $14,011,000. Finally, Edgestream Partners L.P. lifted its position in shares of Vail Resorts by 146.3% in the 1st quarter. Edgestream Partners L.P. now owns 12,147 shares of the company’s stock valued at $2,707,000 after acquiring an additional 7,216 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

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.