Golden Entertainment (NASDAQ:GDEN) had its target price dropped by stock analysts at Deutsche Bank from $38.00 to $22.00 in a research note issued on Friday, The Fly reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 69.23% from the stock’s previous close.
Several other brokerages also recently weighed in on GDEN. Zacks Investment Research upgraded shares of Golden Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, January 4th. BidaskClub upgraded shares of Golden Entertainment from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 20th. Finally, Jefferies Financial Group lowered their target price on shares of Golden Entertainment from $39.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, November 16th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.67.
NASDAQ GDEN opened at $13.00 on Friday. The company has a debt-to-equity ratio of 2.69, a quick ratio of 2.41 and a current ratio of 2.50. Golden Entertainment has a 52-week low of $13.00 and a 52-week high of $34.45. The company has a market cap of $363.88 million, a PE ratio of 38.24, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19.
About Golden Entertainment
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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