Zacks Rating on Pinnacle Entertainment (PNK)

Pinnacle Entertainment (PNK) : The consensus on Pinnacle Entertainment (PNK) based on 6 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Pinnacle Entertainment (PNK) : 2 investment research analysts covering Pinnacle Entertainment (PNK) have an average price target of $15.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $12 for the short term. Analysts expect the variance to be within $4.95 of the average price.


Shares of Pinnacle Entertainment, Inc rose by 6.22% in the last five trading days and 14.54% for the last 4 weeks. Pinnacle Entertainment, Inc is up 17.05% in the last 3-month period. Year-to-Date the stock performance stands at 17.05%. Pinnacle Entertainment (NYSE:PNK): On Tuesdays trading session , Opening price of the stock was $12.41 with an intraday high of $12.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.1. However, the stock managed to close at $12.29, a loss of 0.08% for the day. On the previous day, the stock had closed at $12.3. The total traded volume of the day was 767,329 shares.

Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The key properties in the Companys Midwest segment include Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, River City and Belterra Park. The key properties in the Companys South segment include Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, LAuberge Baton Rouge and LAuberge Lake Charles. The key properties in the Companys West segment include Ameristar Black Hawk and Cactus Petes and Horseshu. The Company owns and operates around 15 gaming entertainment properties in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Ohio. It also holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack located outside of San Antonio, Texas.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.