Penn National Gaming, Inc (NASDAQ:PENN) has been upgraded to Buy in a statement by Union Gaming Research earlier today.
- Updated: October 4, 2016
Boasting a price of $13.80, Penn National Gaming, Inc (NASDAQ:PENN) traded 5.18% higher on the day. The last stock price is down -7.32% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. PENN has recorded a 50-day moving average of $13.90 and a 200-day moving average of $14.89. 2,880,696 shares of the stock were exchanged, up from an average trading volume of 1,234,490
Union Gaming Research has upgraded Penn National Gaming, Inc (NASDAQ:PENN) to Buy in a statement released on Tuesday October 04, 2016.
On 07/29/2016, Telsey Advisory Group released a statement on Penn National Gaming, Inc (NASDAQ:PENN) bumped down the target price from $25.00 to $21.00 that suggested an upside of 0.40%.
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Penn National Gaming, Inc has a 52 week low of $12.50 and a 52 week high of $19.05 with a P/E ratio of 23.43 The company’s market cap is currently $0.
In addition to Union Gaming Research reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $20.18 with 2 firms rating the stock a strong buy, 6 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Penn National Gaming, Inc (NASDAQ:PENN)
Penn National Gaming, Inc. (Penn) is an owner and manager of gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company's segments include the East/Midwest, the West and the Southern Plains segment. East/Midwest segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Lawrenceburg, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway and Plainridge Park Casino. The West segment consists of properties, which include Zia Park Casino, M Resort, Tropicana Las Vegas and Hollywood Casino Jamul-San Diego project. The Southern Plains segment consists of various properties, including Hollywood Casino Aurora, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, Hollywood Casino St. Louis and Prairie State Gaming.
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