A statement released earlier today by Imperial Capital about Churchill Downs (NASDAQ:CHDN) bumps the target price to $165.00
- Updated: October 14, 2016
Churchill Downs (NASDAQ:CHDN) had its target price raised to $165.00 by Imperial Capital in a report released Friday October 14, 2016. The new target price indicates a possible upside of 0.16% based on the company's last stock close price.
Yesterday Churchill Downs (NASDAQ:CHDN) traded -0.86% lower at $142.39. The company’s 50-day moving average is $147.65 and its 200-day moving average is $137.53. The last stock close price is up 3.54% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 50,631 shares of CHDN changing hands under the typical 83,128
With a total market value of $0, Churchill Downs has price-earnings ratio of 29.09 with a one year low of $118.76 and a one year high of $152.98 .
A total of 3 equity analysts have released a ratings update on CHDN. Two equity analysts rating the company a strong buy, 2 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $160.00.
General Information About Churchill Downs (NASDAQ:CHDN)
Churchill Downs Incorporated is a racing, gaming and online entertainment company. The Company operates in six segments: Racing, Casinos, TwinSpires, Big Fish Games, Inc. (Big Fish Games), Other Investments and Corporate. The racing segment includes its four trace tracks: Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course. The Casinos segment owns and operates five casinos: Oxford Casino, Riverwalk Casino, Harlow's Casino, Calder Casino and Fair Grounds Slots and Video Services, LLC., and two hotels: Riverwalk and Harlow's. The TwinSpires segment includes TwinSpires.com, Fair Grounds Account Wagering, Velocity and Bloodstock Research Information Services. The Big Fish Games segment is a producer and distributor of social casino, casual and mid-core free-to-play, and paid games. The Other Investments Segment includes United Tote, Churchill Downs Interactive Gaming, and Capital View Casino & Resort Joint Venture.
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