Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli reiterated a Buy rating on Golden Entertainment (NASDAQ:GDEN) on Thursday, setting a price target of $61, which is approximately 17.65% above the present share price of $51.85.
Santarelli expects Golden Entertainment to post earnings per share (EPS) of $3.60 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Golden Entertainment, with an average price target of $60.33.
The analysts price targets range from a high of $61 to a low of $60.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $292.47 million and a net profit of $60.57 million. The company's market cap is $1.5 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.5% and a 65.24% success rate.
Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the Distributed Gaming and Casinos segments. The Distributed Gaming segment involves in the installation, maintenance, and operation of slots and amusement devices in non-casino locations such as grocery stores, convenience stores, liquor stores, restaurants, bars, and taverns; and the operation of wholly-owned branded taverns targeting local patrons. The Casino segment focuses on owning and managing resort casinos. The company was founded in 1998 and is headquartered in Las Vegas, NV.