Eldorado Resorts (NASDAQ:ERI) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Wednesday.
ERI has been the topic of a number of other research reports. Jefferies Group initiated coverage on shares of Eldorado Resorts in a report on Thursday, January 18th. They issued a “buy” rating and a $40.00 price objective on the stock. Roth Capital initiated coverage on shares of Eldorado Resorts in a report on Tuesday, February 20th. They issued a “buy” rating and a $41.00 price objective on the stock. SunTrust Banks reiterated an “average” rating and set a $36.00 price target on shares of Eldorado Resorts in a report on Monday, February 5th. Zacks Investment Research cut shares of Eldorado Resorts from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Telsey Advisory Group initiated coverage on shares of Eldorado Resorts in a report on Tuesday, March 13th. They set an “outperform” rating and a $42.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $35.00.
Shares of ERI stock opened at $34.75 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.15 and a debt-to-equity ratio of 2.32. Eldorado Resorts has a fifty-two week low of $17.30 and a fifty-two week high of $38.45.
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About Eldorado Resorts
Eldorado Resorts, Inc is a gaming and hospitality company that owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company’s segments are Nevada, Louisiana, Eastern and Corporate. As of May 1, 2017, the Company owned and operated approximately 503,000 square feet of casino space with approximately 20,000 slot machines and video lottery terminals (VLTs), over 550 table and poker games, 45 restaurants and 6,500 hotel rooms.
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