Analysts at HSBC Securities downgraded Melco Crown Entertainment Limited (MPEL) from ‘Overweight‘ to ‘Neutral‘ in a research report issued to clients on Thursday. On valuation measures, Melco Crown Entertainment Ltd. stock it’s trading at a forward P/E multiple of 17.41x, and at a multiple of 22.20x this year’s estimated earnings. The t-12-month revenue at Melco […]
View the full post at: Notable Downgrades: Melco Crown Entertainment (MPEL), Century Aluminum (CENX), Scorpio Bulkers (SALT), Abercrombie & Fitch (ANF), Hologic Inc. (HOLX)