Churchill Downs Given Average Recommendation of “Buy” by Brokerages (NASDAQ:CHDN)
Shares of Churchill Downs (NASDAQ:CHDN) have been given an average rating of “Buy” by the ten ratings firms that are currently covering the stock, Analyst Ratings News reports. Five equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $64.81.
Churchill Downs (NASDAQ:CHDN) opened at 95.84 on Tuesday. Churchill Downs has a 52-week low of $63.61 and a 52-week high of $96.74. The stock’s 50-day moving average is $91.14 and its 200-day moving average is $87.23. The company has a market cap of $1.661 billion and a price-to-earnings ratio of 27.07.
Separately, analysts at TD Securities upgraded shares of Churchill Downs to a “buy” rating in a research note on Monday, January 20th.
Churchill Downs Incorporated is a diversified provider of pari-mutuel horseracing, casino gaming, entertainment, and is the country’s premier source of online account wagering on horseracing events.
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