Century Casinos (NASDAQ:CNTY) Price Target Cut to $5.00 by Analysts at Macquarie

Century Casinos (NASDAQ:CNTY) had its price objective reduced by Macquarie from $6.00 to $5.00 in a research report released on Friday,Benzinga reports. They currently have an outperform rating on the stock.

CNTY has been the topic of a number of other reports. JMP Securities reissued a “market outperform” rating and set a $5.00 target price on shares of Century Casinos in a research report on Monday, January 27th. Stifel Nicolaus decreased their target price on Century Casinos from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Craig Hallum initiated coverage on Century Casinos in a research report on Tuesday, November 26th. They set a “buy” rating and a $8.00 target price on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $5.50.

Century Casinos Trading Down 0.5 %

Century Casinos stock opened at $1.90 on Friday. The company has a debt-to-equity ratio of 6.58, a quick ratio of 1.74 and a current ratio of 1.79. The business’s 50-day simple moving average is $2.94 and its 200-day simple moving average is $3.12. The firm has a market capitalization of $58.30 million, a PE ratio of -0.78 and a beta of 2.71. Century Casinos has a 52 week low of $1.64 and a 52 week high of $5.09.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. XTX Topco Ltd bought a new stake in shares of Century Casinos during the 4th quarter valued at $51,000. Raymond James Financial Inc. bought a new stake in shares of Century Casinos during the 4th quarter valued at $74,000. Marshall Wace LLP bought a new stake in shares of Century Casinos during the 4th quarter valued at $85,000. Wealthedge Investment Advisors LLC bought a new stake in shares of Century Casinos during the 4th quarter valued at $112,000. Finally, JB Capital Partners LP bought a new stake in shares of Century Casinos during the 4th quarter valued at $124,000. Institutional investors own 66.36% of the company’s stock.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.