Codere Online Luxembourg (NASDAQ:CDRO) Coverage Initiated at Craig Hallum

Craig Hallum started coverage on shares of Codere Online Luxembourg (NASDAQ:CDRO) in a research report issued on Thursday, MarketBeat Ratings reports. The firm set a “buy” rating and a $10.00 price target on the stock. Craig Hallum’s price target points to a potential upside of 25.16% from the stock’s previous close.

Separately, Stifel Nicolaus upped their price objective on Codere Online Luxembourg from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th.

Codere Online Luxembourg Stock Up 1.4 %

NASDAQ CDRO opened at $7.99 on Thursday. The business has a 50-day moving average price of $7.55 and a 200-day moving average price of $6.26. Codere Online Luxembourg has a twelve month low of $2.68 and a twelve month high of $8.50.

Codere Online Luxembourg Company Profile

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.