Rating:
Overweight
MPEL
379.24 %
Melco Pbl Entertainment (macau) (MPEL) rated Overweight by JP Morgan
Posted on: Friday, Dec 7, 2012 8:25 AM ET by JP Morgan
JP Morgan rated Overweight Melco Pbl Entertainment (macau) (NASDAQ: MPEL) on 12/07/2012. Previously JP Morgan rated Overweight Melco Pbl Entertainment (macau) (NASDAQ: MPEL)
on 04/05/2010., when the stock price was $5.01. Since then, Melco Pbl Entertainment (macau) has gained 379.24% as of 05/17/2013's recent price of $24.01. If you would have followed the previous JP Morgan's recommendation on MPEL, you would have gained 379.24% of your investment in 1138 days.
Melco Crown Entertainment Limited (MPEL), formerly Melco PBL Entertainment (Macau) Limited, is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. Melco Crown Gaming is one of the six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. The Company owns and operates Crown Macau and Mocha Clubs, a non-casino based operation of electronic gaming machines. Its other operations include Taipa Square Casino, City of Dreams, The Macau Peninsula Site and The Macau Studio City Project.
JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business.
Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.