In a report released yesterday, Carlo Santarelli from Deutsche Bank maintained a Buy rating on Eldorado Resorts (ERI), with a price target of $66.00. The company’s shares closed last Monday at $42.86.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 8.2% and a 60.9% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings Inc, and Marriott International.
Currently, the analyst consensus on Eldorado Resorts is a Strong Buy with an average price target of $57.75.
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Eldorado Resorts’ market cap is currently $3.33B and has a P/E ratio of 35.51. The company has a Price to Book ratio of 3.06.
Based on the recent corporate insider activity of 20 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 ERI 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.
Eldorado Resorts, Inc. operates as a casino entertainment company. It engages in gaming operations, and manages hotels, restaurants, bars, racing, retail shops, and other services. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of seven properties in Nevada and Colorado.
