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Penn Natl Gaming (NASDAQ:PENN) target price raised to $26.00, reported today by Telsey Advisory

Just yesterday Penn Natl Gaming (NASDAQ:PENN) traded 0.64% higher at $23.70. The company’s 50-day moving average is $22.60 and its 200-day average is $20.64. With the last stock price 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. 712,744 shares of the stock were exchanged, down from an average trading volume of 903,925

Penn Natl Gaming (NASDAQ:PENN) had its target price raised to $26.00 by Telsey Advisory 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 7/28/2017, Telsey Advisory reported about Penn Natl Gaming (NASDAQ:PENN) raised the target price from $23.00 to $24.00. At the time, this indicated a possible upside of 0.16%.

Recent Performance Chart

Penn Natl Gaming (NASDAQ:PENN)

Penn Natl Gaming has PE ratio of 29.77 with a one year low of $11.93 and a one year high of $24.74 and has a total market value of $0.

A total of 11 firms have reported on the company. 2 brokers rating the stock a strong buy, six equity analysts rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $20.18.

More About Penn Natl Gaming (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 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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