J.P. Morgan Reaffirms Their Buy Rating on Golden Entertainment (GDEN)

J.P. Morgan analyst Omer Sander maintained a Buy rating on Golden Entertainment (GDENResearch Report) today and set a price target of $53.00. The company’s shares closed last Thursday at $45.37.

According to TipRanks.com, Sander is ranked #5666 out of 7992 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Golden Entertainment with a $59.00 average price target, a 29.7% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $51.00 price target.

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The company has a one-year high of $59.96 and a one-year low of $37.21. Currently, Golden Entertainment has an average volume of 230.4K.

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Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the Distributed Gaming and Casinos segments. The Distributed Gaming segment involves in the installation, maintenance, and operation of slots and amusement devices in non-casino locations such as grocery stores, convenience stores, liquor stores, restaurants, bars, and taverns; and the operation of wholly-owned branded taverns targeting local patrons. The Casino segment focuses on owning and managing resort casinos. The company was founded in 1998 and is headquartered in Las Vegas, NV.

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