On Nov 09, major Wall Street analysts update their ratings for $Penn Entertainment (PENN.US)$, with price targets ranging from $21 to $26.
Barclays analyst Brandt Montour maintains with a buy rating, and maintains the target price at $22.
Needham analyst Bernie McTernan maintains with a buy rating, and maintains the target price at $26.
Stifel analyst Jeffrey Stantial maintains with a hold rating, and adjusts the target price from $20 to $21.
Craig-Hallum analyst Ryan Sigdahl maintains with a buy rating.
JMP Securities analyst Jordan Bender maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Penn Entertainment (PENN.US)$'s main analysts recently are as follows:
Following the Q3 report, it has been noted that for the second consecutive quarter, ESPN BET stood out as the major outperformer, delivering Interactive EBITDA results surpassing consensus by $10M. There is an assessment that Penn's Interactive business still holds 'significant unlocked value' estimated at $7 per share.
Here are the latest investment ratings and price targets for $Penn Entertainment (PENN.US)$ from 6 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
