Golden Nugget Online Gaming (NASDAQ:GNOG) Coverage Initiated at Jefferies Financial Group


Share on StockTwits

Investment analysts at Jefferies Financial Group began coverage on shares of Golden Nugget Online Gaming (NASDAQ:GNOG) in a research note issued to investors on Tuesday, Benzinga reports. The brokerage set a “buy” rating and a $28.00 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 79.26% from the stock’s current price.

Separately, Benchmark boosted their price target on shares of Golden Nugget Online Gaming from $24.00 to $27.00 and gave the stock a “buy” rating in a report on Wednesday, March 24th.

Shares of Golden Nugget Online Gaming stock traded up $0.50 on Tuesday, reaching $15.62. The company had a trading volume of 28,028 shares, compared to its average volume of 2,411,316. Golden Nugget Online Gaming has a 52-week low of $9.79 and a 52-week high of $27.18. The firm’s 50 day moving average price is $15.71 and its two-hundred day moving average price is $18.18.

Several large investors have recently modified their holdings of the company. Bedel Financial Consulting Inc. purchased a new stake in Golden Nugget Online Gaming in the 4th quarter valued at $25,000. Citigroup Inc. purchased a new stake in Golden Nugget Online Gaming in the 4th quarter valued at $30,000. Wells Fargo & Company MN purchased a new stake in Golden Nugget Online Gaming in the 4th quarter valued at $88,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Golden Nugget Online Gaming in the 4th quarter valued at $99,000. Finally, Sowell Financial Services LLC purchased a new stake in Golden Nugget Online Gaming in the 4th quarter valued at $155,000. Institutional investors and hedge funds own 21.52% of the company’s stock.

Golden Nugget Online Gaming Company Profile

Golden Nugget Online Gaming, Inc operates as an online gaming and digital sports entertainment company. It offers patrons to play their favorite casino games and bet on live-action sports events in New Jersey and Michigan. The company is headquartered in Houston, Texas.

See Also: retirement calculator

Receive News & Ratings for Golden Nugget Online Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Nugget Online Gaming and related companies with MarketBeat.com's FREE daily email newsletter.