Deutsche Bank Thinks Golden Entertainment’s Stock is Going to Recover


In a report issued on November 9, Danny Valoy from Deutsche Bank maintained a Buy rating on Golden Entertainment (GDEN), with a price target of $38. The company’s shares closed on Friday at $14.44, close to its 52-week low of $13.25.

According to TipRanks.com, Valoy is ranked #2613 out of 4905 analysts.

Golden Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $38.50.

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Based on Golden Entertainment’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $3.12 million. In comparison, last year the company had a net profit of $8.56 million.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock.

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Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the Distributed Gaming and Casinos segments.

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