Echo Entertainment Group Ltd Stock Rating Reaffirmed by Deutsche Bank (EGP)
Echo Entertainment Group Ltd (ASX:EGP)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Thursday, Stock Ratings Network reports. They currently have a $3.00 price target on the stock. The analysts noted that the move was a valuation call.
Shares of Echo Entertainment Group Ltd (ASX:EGP) opened at 2.520 on Thursday. Echo Entertainment Group Ltd has a one year low of A$2.260 and a one year high of A$3.780. The stock’s 50-day moving average is A$2.45 and its 200-day moving average is A$2.63.
EGP has been the subject of a number of other recent research reports. 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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