Zacks: Analysts Set $43.00 Target Price for Twin River Worldwide Holdings Inc (TRWH)

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Twin River Worldwide Holdings Inc (NYSE:TRWH) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 1-year consensus target price of $43.00 for the company and are anticipating that the company will post $0.59 EPS for the current quarter, according to Zacks. Zacks has also assigned Twin River Worldwide an industry rank of 157 out of 256 based on the ratings given to related companies.

Separately, Stifel Nicolaus initiated coverage on Twin River Worldwide in a report on Wednesday, April 24th. They issued a “buy” rating and a $43.00 price objective for the company.

Shares of Twin River Worldwide stock traded up $0.44 during trading on Friday, hitting $30.51. The stock had a trading volume of 614 shares, compared to its average volume of 104,710. Twin River Worldwide has a fifty-two week low of $28.95 and a fifty-two week high of $33.98.

In related news, major shareholder Chatham Asset Management, Llc bought 8,169 shares of Twin River Worldwide stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost of $33.15 per share, with a total value of $270,802.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Alternative Asset Manage Solus sold 28,683 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $31.04, for a total value of $890,320.32. The disclosure for this sale can be found here. In the last 90 days, insiders bought 191,523 shares of company stock valued at $5,972,681. Insiders own 35.00% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in TRWH. Gabelli Funds LLC purchased a new stake in shares of Twin River Worldwide during the first quarter valued at $336,000. Gamco Investors INC. ET AL purchased a new stake in shares of Twin River Worldwide during the first quarter valued at $500,000. Teton Advisors Inc. purchased a new stake in shares of Twin River Worldwide during the first quarter valued at $1,779,000. BlackRock Inc. purchased a new stake in Twin River Worldwide in the 1st quarter worth about $1,135,000. Finally, Kennedy Capital Management Inc. purchased a new stake in Twin River Worldwide in the 1st quarter worth about $3,815,000. 0.21% of the stock is owned by institutional investors and hedge funds.

About Twin River Worldwide

There is no company description available for Twin River Worldwide Holdings Inc

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