BidaskClub downgraded shares of Eldorado Resorts (NASDAQ:ERI) from a strong-buy rating to a buy rating in a research note issued to investors on Wednesday morning.
A number of other brokerages have also recently weighed in on ERI. SunTrust Banks restated an average rating and issued a $36.00 price objective on shares of Eldorado Resorts in a research note on Monday, February 5th. Jefferies Group assumed coverage on shares of Eldorado Resorts in a research note on Thursday, January 18th. They issued a buy rating and a $40.00 price objective for the company. Zacks Investment Research cut shares of Eldorado Resorts from a buy rating to a hold rating in a research note on Friday, December 1st. JPMorgan Chase & Co. boosted their price objective on shares of Eldorado Resorts from $29.00 to $31.00 and gave the stock an overweight rating in a research note on Wednesday, November 15th. Finally, TheStreet upgraded shares of Eldorado Resorts from a c rating to a b- rating in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of $32.83.
Shares of Eldorado Resorts (ERI) opened at $33.55 on Wednesday. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.78 and a quick ratio of 1.71. The stock has a market cap of $2,492.96, a P/E ratio of -124.26 and a beta of 0.95. Eldorado Resorts has a one year low of $15.90 and a one year high of $35.30.
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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