Crown Resorts Stock Rating Reaffirmed by Credit Suisse (CWN)
A number of other analysts have also recently weighed in on CWN. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Crown Resorts in a research note on Friday, July 25th. They now have a $19.40 price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of A$17.73 ($16.57).
Shares of Crown Resorts (ASX:CWN) traded down 0.75% on Thursday, hitting A$15.980. 3,252,055 shares of the company’s stock traded hands. Crown Resorts has a 1-year low of A$13.460 and a 1-year high of A$18.220. The stock has a 50-day moving average of A$15.59 and a 200-day moving average of A$16.19. The company has a market cap of A$11.640 billion and a price-to-earnings ratio of 17.89.
Crown Resorts Limited, formerly Crown Limited, is engaged in gaming and entertainment business. The Company operates in three segments: Crown Melbourne, Crown Perth and Aspinall’s Club.
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