Echo Entertainment Group Rating Reiterated by Deutsche Bank (EGP)
Echo Entertainment Group (ASX:EGP)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Sunday. They currently have a $3.80 price target on the stock. The analysts noted that the move was a valuation call.
Echo Entertainment Group (ASX:EGP) opened at 3.080 on Friday. Echo Entertainment Group has a 1-year low of A$2.130 and a 1-year high of A$3.160. The stock has a 50-day moving average of A$2.85 and a 200-day moving average of A$2.58. The company has a market cap of A$2.543 billion and a price-to-earnings ratio of 40.92.
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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