Penn National Gaming (PENN – Research Report) received a Buy rating and a $52.00 price target from JMP Securities analyst Devin Ryan today. The company’s shares closed last Monday at $32.32, close to its 52-week low of $26.46.
According to TipRanks.com, Ryan is a 5-star analyst with an average return of 12.0% and a 52.6% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Oaktree Specialty Lending, and Pennantpark Floating Rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Penn National Gaming with a $52.40 average price target.
Penn National Gaming’s market cap is currently $5.36B and has a P/E ratio of 14.78.
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Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West and Midwest.. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plain ridge Park Casino. The South and West segment comprises of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, Tropicana Las Vegas, 1st Jackpot and Resorts. The Midwest segment controls the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming. The company was founded in 1982 and is headquartered in Wyomissing, PA.
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