Brokerage Firm Rating on Pinnacle Entertainment (PNK)

Pinnacle Entertainment (PNK) has an average broker rating of 2, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Pinnacle Entertainment (PNK) : The highest short term price target forecast on Pinnacle Entertainment (PNK) is $19 and the lowest target price is $12. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $15.5 with a standard deviation of $4.95.


For the current week, the company shares have a recommendation consensus of Buy. Pinnacle Entertainment (NYSE:PNK): The stock opened at $11.01 on Thursday but the bulls could not build on the opening and the stock topped out at $11.07 for the day. The stock traded down to $10.71 during the day, due to lack of any buying support eventually closed down at $10.92 with a loss of -0.18% for the day. The stock had closed at $10.94 on the previous day. The total traded volume was 1,247,404 shares.

In a related news, Sanfilippo Anthony Michael, CEO of Pinnacle Entertainment, Inc., executed a transaction worth $1,705,385 on June 13, 2016. A total of 153,500 shares were purchased at an average price of $11.11. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The key properties in the Companys Midwest segment include Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, River City and Belterra Park. The key properties in the Companys South segment include Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, LAuberge Baton Rouge and LAuberge Lake Charles. The key properties in the Companys West segment include Ameristar Black Hawk and Cactus Petes and Horseshu. The Company owns and operates around 15 gaming entertainment properties in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Ohio. It also holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack located outside of San Antonio, Texas.

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