Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Golden Entertainment (GDEN) on November 8 and set a price target of $20.00. The company’s shares closed last Monday at $16.61.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 9.7% and a 65.2% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings, and Marriott International.
Golden Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $20.33, a 26.5% upside from current levels. In a report issued on November 8, Macquarie also maintained a Buy rating on the stock with a $23.00 price target.
See today’s analyst top recommended stocks >>
Based on Golden Entertainment’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $14.41 million. In comparison, last year the company had a GAAP net loss of $3.12 million.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GDEN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the Distributed Gaming and Casinos segments.
