Echo Entertainment Group Ltd Rating Reiterated by Deutsche Bank (EGP)
Echo Entertainment Group Ltd (ASX:EGP)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Wednesday, Stock Ratings Network.com reports. They currently have a $3.00 target price on the stock. The analysts noted that the move was a valuation call.
Shares of Echo Entertainment Group Ltd (ASX:EGP) traded down 0.81% on Wednesday, hitting A$2.460. 531,262 shares of the company’s stock traded hands. Echo Entertainment Group Ltd has a 52-week low of A$2.260 and a 52-week high of A$3.780. The stock has a 50-day moving average of A$2.43 and a 200-day moving average of A$2.65.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “buy” rating on shares of Echo Entertainment Group Ltd in a research note to investors on Thursday, October 31st.
Echo Entertainment Group Limited is engaged in the business of providing leisure and entertainment services, particularly in relation to casino gambling, entertainment and hospitality.
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