Bank of America Securities Stick to Their Buy Rating for Penn National Gaming By Investing.com

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Bank of America (NYSE:) Securities analyst Shaun Kelley reiterated a Buy rating on Penn National Gaming (NASDAQ:) on Friday, setting a price target of $110, which is approximately 43.79% above the present share price of $76.5.

Kelley expects Penn National Gaming to post earnings per share (EPS) of $0.58 for the second quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Penn National Gaming, with an average price target of $108.57.
The analysts price targets range from a high of $158 to a low of $31.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.27 billion and a net profit of $216.5 million. The company's market cap is $11.96 billion.

According to TipRanks.com, Bank of America Securities analyst Shaun Kelley is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.6% and a 53.75% success rate.

Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West and Midwest.. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plain ridge Park Casino. The South and West segment comprises of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, Tropicana Las Vegas, 1st Jackpot and Resorts. The Midwest segment controls the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming. The company was founded in 1982 and is headquartered in Wyomissing, PA.