In a report issued on February 4, Joseph Greff from J.P. Morgan maintained a Buy rating on Boyd Gaming (BYD – Research Report), with a price target of $83.00. The company’s shares closed last Friday at $69.57, close to its 52-week high of $72.72.
According to TipRanks.com, Greff is a 5-star analyst with an average return of 19.4% and a 60.9% success rate. Greff covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment, Hilton Worldwide Holdings, and Penn National Gaming.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boyd Gaming with a $81.43 average price target, implying a 15.2% upside from current levels. In a report issued on February 4, Deutsche Bank also reiterated a Buy rating on the stock with a $77.00 price target.
The company has a one-year high of $72.72 and a one-year low of $50.38. Currently, Boyd Gaming has an average volume of 1.08M.
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Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas; and Midwest and South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area. The Downtown Las Vegas segment comprises of the following casinos: California Hotel and Casino, Fremont Hotel and Casino, and Main Street Station Casino, Brewery and Hotel. The Midwest &and South segment operates land-based casinos, dockside riverboat casinos, racinos, and barge-based casinos in the Midwest and southern United States. Its portfolio includes hotels, casino, breweries, resorts, and spa. The company was founded by William Samuel Boyd and Sam Boyd on January 1, 1975 and is headquartered in Las Vegas, NV.
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