A statement released earlier today by Suntrust Robinson about Pinnacle Entertainment (NYSE:PNK) bumps the target price to $17.00
- Updated: February 11, 2017
Suntrust Robinson increased the stock price target of Pinnacle Entertainment (NYSE:PNK) to $17.00 reporting a possible upside of 0%.
Previously on 2/12/2016, Telsey Advisory Group released a statement about Pinnacle Entertainment (NYSE:PNK) reduced the target price from $33.00 to $31.00. At the time, this indicated a possible upside of 0.14%.
Just yesterday Pinnacle Entertainment (NYSE:PNK) traded 0.50% higher at $0.00. Pinnacle Entertainment’s 50-day moving average is $14.92 and its 200-day moving average is $13.09. The last stock price is down 23.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. 305,731 shares of PNK traded hands, down from an average trading volume of 473,716
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Pinnacle Entertainment has a 52 week low of $9.72 and a 52 week high of $16.50 The company’s market cap is currently $0.
In addition to Suntrust Robinson reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is $28.00 with 0 firms rating the stock a strong buy, 4 firms rating the stock a buy, 5 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Pinnacle Entertainment (NYSE:PNK)
Pinnacle Entertainment, Inc. is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The Company operates through three segments: Midwest, South and West. The properties in the Company's Midwest segment include Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, River City and Belterra Park. The properties in the Company's South segment include Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, L'Auberge Baton Rouge and L'Auberge Lake Charles. The properties in the Company's West segment include Ameristar Black Hawk, and Cactus Petes and Horseshu. The Company owns and operates approximately 20 gaming entertainment properties in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada and Ohio. It also holds interest in the racing license owner. The Company owns and operates the Heartland Poker Tour, which is a live and televised poker tournament series.
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