Golden Entertainment (NASDAQ:GDEN) had its target price reduced by Deutsche Bank from $38.00 to $22.00 in a research report issued to clients and investors on Friday, The Fly reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 69.23% from the stock’s previous close.
GDEN has been the topic of several other reports. BidaskClub downgraded Golden Entertainment from a “sell” rating to a “strong sell” rating in a research note on Wednesday, March 6th. Zacks Investment Research upgraded Golden Entertainment from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 16th. Finally, Jefferies Financial Group dropped their target price on Golden Entertainment from $39.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, November 16th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Golden Entertainment has a consensus rating of “Hold” and an average target price of $24.67.
Shares of NASDAQ:GDEN opened at $13.00 on Friday. Golden Entertainment has a 12-month low of $13.00 and a 12-month high of $34.45. The firm has a market capitalization of $363.88 million, a PE ratio of 38.24, a P/E/G ratio of 1.68 and a beta of 1.19. The company has a current ratio of 2.50, a quick ratio of 2.41 and a debt-to-equity ratio of 2.69.
Golden Entertainment Company Profile
Golden Entertainment, Inc, together with its subsidiaries, focuses on distributed gaming, and resort casino operations in the United States. The Distributed Gaming segment is involved in the installation, maintenance, and operation of slots and amusement devices in non-casino locations, such as grocery stores, convenience stores, restaurants, bars, taverns, and liquor stores; and operation of branded taverns targeting local patrons primarily in the greater Las Vegas, Nevada metropolitan area.
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