Blurbs

BTIG Thinks Drive Shack’s Stock is Going to Recover

BTIG analyst Peter Saleh reiterated a Buy rating on Drive Shack (DSResearch Report) on March 11 and set a price target of $5.00. The company’s shares closed last Friday at $1.29, close to its 52-week low of $1.12.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 15.1% and a 60.6% success rate. Saleh covers the Services sector, focusing on stocks such as Papa John’s International, Texas Roadhouse, and Domino’s Pizza.

Drive Shack has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $4.02 and a one-year low of $1.12. Currently, Drive Shack has an average volume of 1.31M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Drive Shack, Inc. engages in golf-related leisure and entertainment businesses. It operates through the following segments: Traditional Golf properties, Entertainment Golf venues, and Corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of interest income on short-term investments, general and administrative expenses, etc. The company was founded in June 2002 and is headquartered in New York, NY.

Read More on DS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos