Zacks Investment Research downgraded Churchill Downs, Inc. (NASDAQ:CHDN) to Hold in a report released today.
- Updated: October 10, 2016
Zacks Investment Research has downgraded Churchill Downs, Inc. (NASDAQ:CHDN) to Hold in a report released on Monday October 10, 2016.
Previously on 10/5/2016, Zacks Investment Research released a statement about Churchill Downs, Inc. (NASDAQ:CHDN) increased the target price from $0.00 to $167.00. At the time, this indicated a possible upside of 0.17%.
Just yesterday Churchill Downs, Inc. (NASDAQ:CHDN) traded 0.90% higher at $143.63. The company’s 50-day moving average is $148.18 and its 200-day moving average is $137.41. The last stock close price is up 5.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 70,402 shares of CHDN changing hands under the typical 85,289
With a total market value of $0, Churchill Downs, Inc. has price-earnings ratio of 29.61 with a one year low of $118.76 and a one year high of $152.98 .
A total of 3 analysts have released a research note on CHDN. Two analysts rating the company a strong buy, two analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $160.00.
More About Churchill Downs, Inc. (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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