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Penn National Gaming (NDAQ:PENN) target price raised to $26.00, reported today by Telsey Advisory Group

Only yesterday Penn National Gaming (NDAQ:PENN) traded 0.64% higher at $23.63. Penn National Gaming’s 50-day average is $22.60 and its two hundred day average is $20.64. With the last close up 14.82% relative to the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 712,744 shares of the stock traded hands, down from an average trading volume of 903,925

Penn National Gaming (NDAQ:PENN) had its target price raised to $26.00 by Telsey Advisory Group in a report released 10/12/2017. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.

Previously on Friday July 28, 2017, Telsey Advisory Group reported about Penn National Gaming (NDAQ:PENN) raised the target price from $23.00 to $24.00. At the time, this indicated a possible upside of 0.19%.

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Penn National Gaming (NDAQ:PENN)

Penn National Gaming has a 52 week low of $11.93 and a 52 week high of $24.74 with a P/E ratio of 29.77 The company’s market cap is currently $0.

In addition to Telsey Advisory Group reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $20.18 with 2 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Penn National Gaming (NDAQ: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 operates through three segments: Northeast, South/West and Midwest. The Northeast segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course and Hollywood Casino Toledo. The South/West segment consists of various properties, such as Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort and Tropicana Las Vegas. The Midwest segment consists of various properties, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside and Hollywood Casino Lawrenceburg. The Other category consists of the Company's standalone racing operations, including Rosecroft Raceway and Sanford-Orlando Kennel Club.

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