NASDAQ:PENN - Penn National Gaming Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $104.06
Forecasted Upside: 36.11 %
Number of Analysts: 18
Breakdown:
2 Sell Ratings
4 Hold Ratings
12 Buy Ratings
0 Strong Buy Ratings

^$76.45 As of 09/16/2021 03:52 PM ET

▼ -0.04 (-0.05%)

1 month | 3 months | 12 months

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Analyst Price Target for PENN

^$104.06

▲ +36.11% Upside Potential

This price target is based on 18 analysts offering 12 month price targets for Penn National Gaming in the last 3 months. The average price target is $104.06, with a high forecast of $150.00 and a low forecast of $31.00. The average price target represents a 36.11% upside from the last price of $76.45.

Current Consensus is Buy

The current consensus among 18 contributing investment analysts is to buy stock in Penn National Gaming. This rating has held steady since May 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
5 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

3/25/2020

0 strong buy ratings
8 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

6/23/2020

0 strong buy ratings
11 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

9/21/2020

0 strong buy ratings
12 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

12/20/2020

0 strong buy ratings
12 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

3/20/2021

0 strong buy ratings
12 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

6/18/2021

0 strong buy ratings
11 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

8/17/2021

0 strong buy ratings
12 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

9/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/14/2021	Wells Fargo & Company	Initiated Coverage	Equal Weight	$82.00	Medium
9/1/2021	Capital One Financial	Initiated Coverage	Overweight		Low
8/6/2021	Needham & Company LLC	Lower Price Target	Buy	$151.00 ➝ $115.00	Low
7/28/2021	The Goldman Sachs Group	Lower Price Target	Buy	$149.00 ➝ $124.00	Low
4/27/2021	Redburn Partners	Initiated Coverage	Buy		Low
4/26/2021	Needham & Company LLC	Initiated Coverage	Buy	$151.00	Medium
4/21/2021	The Goldman Sachs Group	Boost Price Target	Buy	$153.00 ➝ $158.00	High
3/23/2021	The Goldman Sachs Group	Boost Price Target	Buy	$139.00 ➝ $153.00	Medium
3/1/2021	JPMorgan Chase & Co.	Boost Price Target	Overweight	$134.00 ➝ $142.00	N/A
2/23/2021	JPMorgan Chase & Co.	Reiterated Rating	Overweight	$134.00 ➝ $142.00	High
2/5/2021	Rosenblatt Securities	Boost Price Target	Buy	$115.00 ➝ $140.00	Low
2/5/2021	Truist	Boost Price Target		$120.00 ➝ $135.00	Low
2/5/2021	Morgan Stanley	Boost Price Target	Equal Weight	$98.00 ➝ $99.00	High
2/5/2021	Craig Hallum	Boost Price Target	Buy	$120.00 ➝ $150.00	High
2/4/2021	Piper Sandler	Boost Price Target	Overweight	$100.00 ➝ $128.00	High
2/2/2021	Stifel Nicolaus	Boost Price Target	Positive ➝ Buy	$100.00 ➝ $118.00	Low
1/26/2021	The Goldman Sachs Group	Boost Price Target	Hold ➝ Buy	$86.00 ➝ $124.00	High
1/20/2021	Morgan Stanley	Boost Price Target	Equal Weight	$63.00 ➝ $98.00	Low
1/20/2021	Credit Suisse Group	Initiated Coverage	Outperform	$128.00	Medium
1/14/2021	Truist	Boost Price Target		$85.00 ➝ $120.00	High
1/14/2021	Loop Capital	Downgrade	Hold ➝ Sell		High
1/13/2021	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Medium
1/7/2021	Piper Sandler	Boost Price Target		$84.00 ➝ $100.00	N/A
12/18/2020	Bank of America	Boost Price Target		$85.00 ➝ $101.00	Medium
11/19/2020	Piper Sandler	Initiated Coverage	Overweight	$84.00	Medium
11/16/2020	Loop Capital	Initiated Coverage	Hold	$60.00	Low
10/16/2020	Morgan Stanley	Boost Price Target	Equal Weight	$55.00 ➝ $63.00	Medium
10/12/2020	Barclays	Boost Price Target	Overweight	$50.00 ➝ $85.00	Medium
10/1/2020	Union Gaming Research	Boost Price Target		$62.00 ➝ $100.00	Low
10/1/2020	Jefferies Financial Group	Boost Price Target		$50.00 ➝ $69.00	Low
10/1/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Sell	$22.00 ➝ $31.00	Low
9/30/2020	Craig Hallum	Boost Price Target	Buy	$75.00 ➝ $90.00	Medium
9/30/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Sell	$62.00 ➝ $83.00	Medium
9/30/2020	Rosenblatt Securities	Boost Price Target	Buy	$80.00 ➝ $90.00	High
9/24/2020	Macquarie	Downgrade	Outperform ➝ Neutral	$56.00 ➝ $66.00	Medium
9/21/2020	Bank of America	Boost Price Target	Buy	$59.75 ➝ $85.00	Medium
9/17/2020	Stifel Nicolaus	Boost Price Target	Buy	$47.00 ➝ $85.00	High
9/15/2020	Rosenblatt Securities	Initiated Coverage	Buy		High
9/14/2020	The Goldman Sachs Group	Boost Price Target	Buy	$60.00 ➝ $66.00	High
9/9/2020	Rosenblatt Securities	Initiated Coverage	Buy	$80.00	High
9/9/2020	JPMorgan Chase & Co.	Boost Price Target		$48.00 ➝ $62.00	Medium
9/8/2020	Bank of America	Boost Price Target	Buy	$50.00 ➝ $59.75	High
9/1/2020	Craig Hallum	Initiated Coverage	Buy	$75.00	High
8/28/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$55.00	Medium
8/18/2020	Truist	Boost Price Target		$50.00 ➝ $62.00	Low
8/13/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$60.00	High
8/7/2020	Morgan Stanley	Boost Price Target	Overweight	$47.00 ➝ $49.00	Low
8/7/2020	Barclays	Boost Price Target	Overweight	$42.00 ➝ $50.00	High
7/21/2020	SunTrust Banks	Boost Price Target	Buy	$22.00 ➝ $40.00	Low
7/20/2020	Morgan Stanley	Boost Price Target	Overweight	$32.00 ➝ $47.00	Low
7/15/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$28.00 ➝ $36.00	High
6/23/2020	Stifel Nicolaus	Boost Price Target	Buy	$23.00 ➝ $39.00	High
6/21/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Sell	$22.00	Low
6/9/2020	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral	$34.00	Low
6/8/2020	Bank of America	Reiterated Rating	Buy	$45.00	High
6/7/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Hold ➝ Sell	$12.00 ➝ $22.00	High
5/29/2020	Nomura Instinet	Boost Price Target	Buy	$19.00 ➝ $39.00	Medium
5/27/2020	Morgan Stanley	Boost Price Target	Overweight	$21.00 ➝ $32.00	High
5/20/2020	JPMorgan Chase & Co.	Boost Price Target		$21.00 ➝ $28.00	High
5/11/2020	Morgan Stanley	Boost Price Target	Overweight	$19.00 ➝ $21.00	High
5/10/2020	Nomura	Reiterated Rating	Buy		Medium
5/8/2020	SunTrust Banks	Boost Price Target	Buy	$19.00 ➝ $20.00	High
5/7/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Hold	$32.00 ➝ $12.00	Medium
4/17/2020	SunTrust Banks	Lower Price Target	Buy	$42.00 ➝ $19.00	Medium
4/3/2020	Susquehanna Bancshares	Lower Price Target	Positive	$42.00 ➝ $20.00	High
3/30/2020	Morgan Stanley	Lower Price Target	Overweight	$39.00 ➝ $19.00	Low
2/19/2020	JPMorgan Chase & Co.	Boost Price Target	Positive ➝ Overweight	$39.00 ➝ $44.00	Low
2/10/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$32.00	High
2/7/2020	Morgan Stanley	Boost Price Target		$33.00 ➝ $39.00	Low
2/7/2020	Nomura Securities	Boost Price Target	Buy	$35.00 ➝ $39.00	Low
2/2/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$27.00	Low
1/31/2020	SunTrust Banks	Reiterated Rating	Buy		Medium
1/30/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$27.00 ➝ $32.00	Medium
1/30/2020	Nomura Securities	Reiterated Rating	Buy	$35.00	Medium
1/29/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$29.00 ➝ $33.00	High
1/21/2020	Morgan Stanley	Boost Price Target	Overweight	$27.00 ➝ $33.00	High
12/10/2019	JPMorgan Chase & Co.	Boost Price Target	Overweight	$25.00 ➝ $29.00	High
11/1/2019	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$25.00 ➝ $23.00	Low
8/4/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$27.00	Low
8/2/2019	Morgan Stanley	Set Price Target	Buy	$27.00	Low
8/2/2019	Union Gaming Research	Upgrade	Hold ➝ Buy		Medium
7/24/2019	Susquehanna Bancshares	Initiated Coverage	Positive ➝ Positive	$25.00	Medium
6/14/2019	Wolfe Research	Initiated Coverage	Peer Perform ➝ Peer Perform		Low
5/9/2019	Bank of America	Upgrade	Neutral ➝ Buy		High
5/9/2019	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$25.00 ➝ $27.00	High
2/14/2019	Morgan Stanley	Set Price Target	Hold	$25.00	Low
1/17/2019	Nomura Securities	Upgrade	Neutral ➝ Buy	$24.17	Low
12/20/2018	Morgan Stanley	Set Price Target	Hold	$23.00	Medium
11/5/2018	Morgan Stanley	Set Price Target	Hold	$31.00	Low
11/2/2018	JPMorgan Chase & Co.	Lower Price Target	Overweight ➝ Overweight	$41.00 ➝ $37.00	Low
11/2/2018	Nomura Securities	Lower Price Target	Neutral ➝ Neutral	$38.00 ➝ $30.00	Low
11/2/2018	SunTrust Banks	Set Price Target	Buy	$32.00	Low
10/16/2018	Bank of America	Reiterated Rating	Hold	$31.00	Medium
10/2/2018	SunTrust Banks	Initiated Coverage	Buy ➝ Buy	$39.00	Medium
7/27/2018	Jefferies Financial Group	Set Price Target	Buy	$40.00	Low
7/26/2018	UBS Group	Downgrade	Buy ➝ Hold		High
7/17/2018	Bank of America	Boost Price Target	Neutral ➝ Neutral	$36.50 ➝ $38.00	Low
6/26/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$31.00 ➝ $36.00	Low
6/8/2018	JPMorgan Chase & Co.	Initiated Coverage	Neutral ➝ Overweight	$40.00	High
5/24/2018	Nomura Securities	Boost Price Target	Neutral ➝ Neutral	$30.00 ➝ $35.00	Low
4/30/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$29.00 ➝ $31.00	Low
4/29/2018	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$37.00	Low
4/27/2018	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$33.00 ➝ $40.00	Low
4/26/2018	SunTrust Banks	Upgrade	Hold ➝ Buy		High
4/24/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$31.00 ➝ $29.00	Low
3/13/2018	Telsey Advisory Group	Initiated Coverage	Outperform ➝ Outperform	$33.00	Medium
2/9/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$33.00 ➝ $31.00	High
2/9/2018	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy ➝ Buy	$38.00 ➝ $37.00	High
2/6/2018	Jefferies Financial Group	Reiterated Rating	Buy	$35.00	Low
1/22/2018	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Buy	$32.00 ➝ $38.00	Low
1/18/2018	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy	$39.00	Medium
12/20/2017	Union Gaming Research	Boost Price Target	Buy	$35.00	Low
12/18/2017	Stifel Nicolaus	Reiterated Rating	Buy	$33.00	Medium
12/18/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target		$29.00 ➝ $32.00	High
11/20/2017	Barclays	Boost Price Target	Overweight ➝ Overweight	$23.00 ➝ $30.00	N/A
10/27/2017	Telsey Advisory Group	Downgrade	Outperform ➝ Market Perform	$26.00	N/A
10/24/2017	Morgan Stanley	Boost Price Target	Equal Weight	$22.00 ➝ $26.00	N/A
10/12/2017	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$23.00 ➝ $26.00	N/A
7/28/2017	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$23.00 ➝ $24.00	Medium
7/14/2017	Stifel Nicolaus	Reiterated Rating	Buy	$23.00	Medium
6/22/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$22.00 ➝ $25.00	Low
6/19/2017	Nomura Instinet	Reiterated Rating	Neutral	$19.00 ➝ $21.00	Low
5/16/2017	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$21.00 ➝ $23.00	High
5/3/2017	Barclays	Boost Price Target	Overweight	$21.00 ➝ $23.00	Low
4/10/2017	FBR & Co.	Reiterated Rating	Outperform ➝ Outperform	$20.00 ➝ $23.00	Low
3/27/2017	Barclays	Boost Price Target	Overweight	$20.00 ➝ $21.00	High
2/16/2017	SunTrust Banks	Reiterated Rating	Hold	$14.00	N/A
2/9/2017	SunTrust Banks	Initiated Coverage	Hold	$14.00	N/A
2/6/2017	Barclays	Reiterated Rating	Buy	$20.00	N/A
1/27/2017	Buckingham Research	Initiated Coverage	Buy	$17.00	N/A
1/5/2017	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$18.00 ➝ $16.00	N/A
12/7/2016	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$17.00 ➝ $18.00	N/A
10/28/2016	Telsey Advisory Group	Lower Price Target	Outperform	$21.00 ➝ $20.00	N/A
10/4/2016	Union Gaming Research	Upgrade	Hold ➝ Buy		N/A

(Data available from 9/16/2016 forward)

News Sentiment Rating

0.58 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

9 very positive mentions
25 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

2/18/2021

0 very positive mentions
9 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

3/20/2021

0 very positive mentions
6 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/19/2021

0 very positive mentions
13 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

5/19/2021

0 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/18/2021

3 very positive mentions
17 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

7/18/2021

7 very positive mentions
38 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

8/17/2021

10 very positive mentions
18 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

9/16/2021

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

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, and Other. The Northeast segment consists of properties including Ameristar East Chicago, Greektown Casino-Hotel, and Hollywood Casino Bangor. The South segment operates properties including 1st Jackpot Casino, Ameristar Vicksburg, and Boomtown Biloxi. The West segment includes Ameristar Black Hawk, Cactus Petes and Horseshu, and M Resort. The Midwest segment comprises of properties including Ameristar Council Bluffs, Argosy Casino Alton, and Argosy Casino Riverside. The Other segment manages properties including Freehold Raceway, Retama Park Racetrack, and Sanford-Orlando Kennel Club. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.

Today's Range

Now: $76.45

$75.24

$77.32

50 Day Range

MA: $73.44

$65.08

$84.84

52 Week Range

Now: $76.45

$52.09

$142.00

Volume

110,043 shs

Average Volume

4,784,195 shs

Market Capitalization

$11.99 billion

P/E Ratio

28.11

Dividend Yield

N/A

Beta

2.55

Frequently Asked Questions

What sell-side analysts currently cover shares of Penn National Gaming?

The following equities research analysts have issued stock ratings on Penn National Gaming in the last twelve months: Bank of America Co., Barclays PLC, Capital One Financial Co., Craig Hallum, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Loop Capital, Macquarie, Morgan Stanley, Needham & Company LLC, Piper Sandler, Redburn Partners, Rosenblatt Securities, Stifel Nicolaus, The Goldman Sachs Group, Inc., TheStreet, Truist, Union Gaming Research, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for PENN.

What is the current price target for Penn National Gaming?

18 Wall Street analysts have set twelve-month price targets for Penn National Gaming in the last year. Their average twelve-month price target is $104.06, suggesting a possible upside of 36.0%. Craig Hallum has the highest price target set, predicting PENN will reach $150.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $31.00 for Penn National Gaming in the next year.
View the latest price targets for PENN.

What is the current consensus analyst rating for Penn National Gaming?

Penn National Gaming currently has 2 sell ratings, 4 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PENN will outperform the market and that investors should add to their positions of Penn National Gaming.
View the latest ratings for PENN.

What other companies compete with Penn National Gaming?

Other companies that are similar to Penn National Gaming include Las Vegas Sands, Caesars Entertainment, MGM Resorts International, Wynn Resorts, Churchill Downs, Scientific Games, Advanced Drainage Systems, Boyd Gaming, International Game Technology, Monarch Casino & Resort and Isleworth Healthcare Acquisition.

How do I contact Penn National Gaming's investor relations team?

Penn National Gaming's physical mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company's listed phone number is (610) 373-2400 and its investor relations email address is [email protected] The official website for Penn National Gaming is www.pngaming.com.

NASDAQ:PENN - Penn National Gaming Stock Price Target and Predictions

Analyst Price Target for PENN

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.58 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Penn National Gaming?

What is the current price target for Penn National Gaming?

What is the current consensus analyst rating for Penn National Gaming?

What other companies compete with Penn National Gaming?

How do I contact Penn National Gaming's investor relations team?