In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Drive Shack (DS), with a price target of $4.00. The company’s shares closed last Friday at $1.13, close to its 52-week low of $0.86.
According to TipRanks.com, Wold is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.7% and a 36.0% success rate. Wold covers the Services sector, focusing on stocks such as Dolby Laboratories, National Cinemedia, and Cinemark Holdings.
Currently, the analyst consensus on Drive Shack is a Moderate Buy with an average price target of $4.00.
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The company has a one-year high of $4.45 and a one-year low of $0.86. Currently, Drive Shack has an average volume of 846.1K.
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Drive Shack, Inc. engages in golf-related leisure and entertainment businesses. It operates through the following segments: Traditional Golf properties, Entertainment Golf venues, and Corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of interest income on short-term investments, general and administrative expenses, etc. The company was founded in June 2002 and is headquartered in New York, NY.