JMP Securities Reaffirms Their Hold Rating on Penn National Gaming (PENN)

JMP Securities analyst Jordan Bender maintained a Hold rating on Penn National Gaming (PENN – Research Report) today. The company’s shares closed yesterday at $16.93.

According to TipRanks, Bender is a 4-star analyst with an average return of 6.8% and a 46.59% success rate. Bender covers the Consumer Cyclical sector, focusing on stocks such as Playags, Churchill Downs, and DraftKings.

In addition to JMP Securities, Penn National Gaming also received a Hold from Benchmark Co.’s Mike Hickey in a report issued on April 16. However, on April 19, Barclays maintained a Buy rating on Penn National Gaming (NASDAQ: PENN).

PENN market cap is currently $2.52B and has a P/E ratio of -4.52.

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Penn National Gaming (PENN) Company Description:

Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West and Midwest.. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plain ridge Park Casino. The South and West segment comprises of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, Tropicana Las Vegas, 1st Jackpot and Resorts. The Midwest segment controls the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming. The company was founded in 1982 and is headquartered in Wyomissing, PA.