Telsey Advisory Group initiated coverage on shares of Eldorado Resorts (NASDAQ:ERI) in a research report released on Tuesday morning, The Fly reports. The brokerage issued an outperform rating on the stock.
Other equities research analysts also recently issued research reports about the stock. SunTrust Banks reaffirmed an average rating and set a $36.00 price objective on shares of Eldorado Resorts in a research report on Monday, February 5th. BidaskClub downgraded shares of Eldorado Resorts from a strong-buy rating to a buy rating in a research report on Tuesday, January 30th. Jefferies Group initiated coverage on shares of Eldorado Resorts in a research report on Thursday, January 18th. They set a buy rating and a $40.00 price objective for the company. Roth Capital initiated coverage on shares of Eldorado Resorts in a research report on Tuesday, February 20th. They set a buy rating and a $41.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of Eldorado Resorts from a buy rating to a hold rating in a research report on Friday, December 1st. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $34.00.
Shares of Eldorado Resorts (ERI) opened at $36.95 on Tuesday. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.07 and a current ratio of 1.15. Eldorado Resorts has a 1 year low of $17.30 and a 1 year high of $38.45. The firm has a market cap of $2,869.51, a PE ratio of 42.97 and a beta of 0.98.
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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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