HSBC upgraded shares of MGM China Holdings Ltd. (OTCMKTS:MCHVF) from a hold rating to a buy rating in a research note published on Monday morning.

A number of other equities research analysts have also commented on MCHVF. Deutsche Bank AG upgraded MGM China Holdings from a hold rating to a buy rating in a research report on Friday, September 9th. Credit Suisse Group AG lowered MGM China Holdings from an outperform rating to a neutral rating in a research report on Friday, September 23rd. Finally, JPMorgan Chase & Co. upgraded MGM China Holdings from a neutral rating to an overweight rating in a research report on Tuesday, November 8th.

MGM China Holdings (OTCMKTS:MCHVF) opened at 2.27 on Monday. The stock has a market capitalization of $8.63 billion and a price-to-earnings ratio of 24.67. MGM China Holdings has a one year low of $1.04 and a one year high of $2.27. The stock’s 50 day moving average is $1.82 and its 200 day moving average is $1.56.

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