Churchill Downs Incorporated (NASDAQ:CHDN) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $175 and the lowest price target forecast is $150. The average forecast of all the analysts is $158.33 and the expected standard deviation is $14.43.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Hilliard Lyons upgrades its rating on Churchill Downs Incorporated (NASDAQ:CHDN).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on May 6, 2016.
Churchill Downs Incorporated (NASDAQ:CHDN): stock turned positive on Thursday. Though the stock opened at $127.92, the bulls momentum made the stock top out at $128.31 level for the day. The stock recorded a low of $126.81 and closed the trading day at $127.6, in the green by 0.50%. The total traded volume for the day was 2,151,685. The stock had closed at $126.97 in the previous days trading.
The company shares have rallied 1.78% from its 1 Year high price. On Oct 29, 2015, the shares registered one year high at $152.98 and the one year low was seen on Jul 30, 2015. The 50-Day Moving Average price is $125.85 and the 200 Day Moving Average price is recorded at $135.72. On the companys insider trading activities, Dall Marcia A, officer (EVP, and Chief Financial Offic) of Churchill Downs Inc, executed a transaction worth $129,960 on May 3, 2016. A total of 1,000 shares were purchased at an average price of $129.96. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Churchill Downs Incorporated is a diversified provider of pari-mutuel horseracing, online account wagering on horseracing and casino gaming. The Company is the producers and distributors of online and mobile casual games. It operates in five segments: Racing, Casinos, TwinSpires, Big Fish Games, Inc. (Big Fish Games) and Other Investments. Its racing segment includes Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course. Casinos segment includes Oxford Casino, Riverwalk Casino Hotel and Harlows Casino Resort & Spa, among others. The TwinSpires maintains computerized databases of pedigree and racing information for the thoroughbred horse industry. Big Fish Games develops casual games for Personal Computers (PCs) and mobile devices. Other Investments include Capital View Casino & Resort, United Tote and Bluff Media.