Short Term Rating on Pinnacle Entertainment (PNK)

Pinnacle Entertainment (PNK) has an average broker rating of 1.86, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 4 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 most positive equity analysts on Pinnacle Entertainment (PNK) expects the shares to touch $41, whereas, the least positive believes that the stock will trade at $12 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $24 with an expected fluctuation of $15.13 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Pinnacle Entertainment (NYSE:PNK): The stock was completely flat for the day, closing at $11.00 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $11.12, the stock touched an intraday high of $11.19 and a low of $10.98. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $11.00. The total trading volume on Tuesday was 1,640,940.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.