Analysts at Citizens JMP have revised their price target for Golden Entertainment (GDEN, Financial), reducing it from $37 to $36 while maintaining an Outperform rating on the stock. This adjustment reflects broader industry concerns, despite the stable performance of physical casinos. The firm highlights a cautious approach due to lingering uncertainties impacting the sector, which has prompted them to reassess both estimates and price targets for casino operators.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Golden Entertainment Inc (GDEN, Financial) is $36.14 with a high estimate of $40.00 and a low estimate of $31.00. The average target implies an upside of 41.63% from the current price of $25.52. More detailed estimate data can be found on the Golden Entertainment Inc (GDEN) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Golden Entertainment Inc's (GDEN, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Golden Entertainment Inc (GDEN, Financial) in one year is $27.25, suggesting a upside of 6.78% from the current price of $25.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Golden Entertainment Inc (GDEN) Summary page.
