PENN Entertainment - PENN 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: $45.06
Forecasted Upside: 30.62%
Number of Analysts: 17
Breakdown:
0 Sell Ratings
8 Hold Ratings
9 Buy Ratings
0 Strong Buy Ratings

^$34.50 As of 01/30/2023 01:00 AM ET

▲ +0.31 (0.91%)

1 month | 3 months | 12 months

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Analyst Price Target for PENN

^$45.06

▲ +30.62% Upside Potential

This price target is based on 17 analysts offering 12 month price targets for PENN Entertainment in the last 3 months. The average price target is $45.06, with a high forecast of $65.00 and a low forecast of $33.00. The average price target represents a 30.62% upside from the last price of $34.50.

Current Consensus is Buy

The current consensus among 17 polled investment analysts is to buy stock in PENN Entertainment. This rating has held steady since January 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
9 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

8/8/2021

0 strong buy ratings
9 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

11/6/2021

0 strong buy ratings
12 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

2/4/2022

0 strong buy ratings
10 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

5/5/2022

0 strong buy ratings
12 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

8/3/2022

0 strong buy ratings
10 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

11/1/2022

0 strong buy ratings
10 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

12/31/2022

0 strong buy ratings
9 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

1/30/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
1/25/2023	Wells Fargo & Company	Boost Target	Equal Weight	$32.00 ➝ $33.00	Low
1/20/2023	JMP Securities	Lower Target	Market Outperform	$48.00 ➝ $45.00	Low
1/11/2023	Truist Financial	Lower Target		$40.00 ➝ $36.00	Low
1/9/2023	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$50.00 ➝ $34.00	Low
1/6/2023	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$45.00 ➝ $35.00	Low
1/4/2023	Bank of America	Lower Target		$40.00 ➝ $35.00	Low
12/14/2022	Bank of America	Downgrade	Buy ➝ Neutral	$45.00 ➝ $40.00	Low
11/28/2022	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$38.00 ➝ $39.00	Low
11/21/2022	Morgan Stanley	Initiated Coverage	Equal Weight	$36.00	Low
11/4/2022	CBRE Group	Lower Target	Buy	$57.00 ➝ $54.00	Low
11/4/2022	Credit Suisse Group	Lower Target	Outperform	$66.00 ➝ $50.00	N/A
10/25/2022	Truist Financial	Lower Target	Buy	$48.00 ➝ $40.00	Low
10/21/2022	Wells Fargo & Company	Lower Target	Equal Weight	$38.00 ➝ $33.00	Low
10/6/2022	Canaccord Genuity Group	Initiated Coverage	Buy		Low
10/6/2022	Canaccord Genuity Group	Initiated Coverage	Buy	$50.00	Low
8/9/2022	Credit Suisse Group	Lower Target		$66.00	Low
8/5/2022	Barclays	Boost Target	Overweight	$37.00 ➝ $44.00	Low
7/20/2022	Truist Financial	Lower Target	Buy	$60.00 ➝ $48.00	Low
7/14/2022	Wells Fargo & Company	Lower Target	Equal Weight	$48.00 ➝ $38.00	Low
6/28/2022	Barclays	Initiated Coverage	Overweight	$37.00	Low
6/28/2022	JMP Securities	Initiated Coverage	Outperform	$52.00	Low
5/18/2022	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$49.00	High
4/25/2022	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$55.00 ➝ $51.00	High
4/19/2022	Truist Financial	Lower Target	Buy	$65.00 ➝ $60.00	High
4/13/2022	Wells Fargo & Company	Lower Target	Equal Weight	$52.00 ➝ $50.00	Medium
2/9/2022	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$34.00 ➝ $65.00	Medium
2/9/2022	Susquehanna	Upgrade	Neutral ➝ Positive	$34.00 ➝ $65.00	Medium
2/4/2022	CBRE Group	Upgrade	Hold ➝ Buy	$60.00 ➝ $62.00	Low
2/4/2022	Roth Capital	Downgrade	Buy ➝ Neutral	$79.00 ➝ $51.00	Medium
2/4/2022	Loop Capital	Upgrade	Sell ➝ Hold	$53.00 ➝ $49.00	Medium
2/1/2022	Credit Suisse Group	Lower Target	Outperform	$128.00 ➝ $99.00	Low
1/26/2022	Macquarie	Upgrade	Neutral ➝ Outperform	$80.00 ➝ $71.00	High
1/21/2022	Jefferies Financial Group	Lower Target		$62.00 ➝ $49.00	Low
1/21/2022	Needham & Company LLC	Lower Target		$115.00 ➝ $76.00	Medium
1/19/2022	Stifel Nicolaus	Lower Target		$73.00 ➝ $59.00	Low
1/13/2022	Truist Financial	Lower Target	Buy ➝ Buy	$95.00 ➝ $70.00	High
1/7/2022	Wells Fargo & Company	Lower Target	Equal Weight	$72.00 ➝ $55.00	Medium
1/4/2022	Craig Hallum	Lower Target		$130.00 ➝ $96.00	High
12/7/2021	Citigroup	Initiated Coverage	Hold	$60.00	Medium
11/29/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$31.00 ➝ $38.00	Medium
11/12/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold	$31.00	Low
11/8/2021	Morgan Stanley	Lower Target	Equal Weight	$85.00 ➝ $69.00	Low
11/5/2021	Jefferies Financial Group	Lower Target	Hold	$81.00 ➝ $62.00	Low
11/5/2021	Credit Suisse Group	Lower Target	Outperform	$136.00 ➝ $128.00	High
10/27/2021	The Goldman Sachs Group	Lower Target	Buy	$128.00 ➝ $115.00	High
10/20/2021	Morgan Stanley	Initiated Coverage	Equal Weight	$85.00	High
10/19/2021	Berenberg Bank	Initiated Coverage	Buy	$95.00	High
10/12/2021	Roth Capital	Initiated Coverage	Buy	$107.00	Low
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 Target	Buy	$151.00 ➝ $115.00	Low
7/28/2021	The Goldman Sachs Group	Lower 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 Target	Buy	$153.00 ➝ $158.00	High
3/23/2021	The Goldman Sachs Group	Boost Target	Buy	$139.00 ➝ $153.00	Medium
3/1/2021	JPMorgan Chase & Co.	Boost 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 Target	Buy	$115.00 ➝ $140.00	Low
2/5/2021	Truist Financial	Boost Target		$120.00 ➝ $135.00	Low
2/5/2021	Morgan Stanley	Boost Target	Equal Weight	$98.00 ➝ $99.00	High
2/5/2021	Craig Hallum	Boost Target	Buy	$120.00 ➝ $150.00	High
2/4/2021	Piper Sandler	Boost Target	Overweight	$100.00 ➝ $128.00	High
2/2/2021	Stifel Nicolaus	Boost Target	Positive ➝ Buy	$100.00 ➝ $118.00	Low
1/26/2021	The Goldman Sachs Group	Boost Target	Hold ➝ Buy	$86.00 ➝ $124.00	High
1/20/2021	Morgan Stanley	Boost Target	Equal Weight	$63.00 ➝ $98.00	Low
1/20/2021	Credit Suisse Group	Initiated Coverage	Outperform	$128.00	Medium
1/14/2021	Truist Financial	Boost 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 Target		$84.00 ➝ $100.00	N/A
12/18/2020	Bank of America	Boost 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 Target	Equal Weight	$55.00 ➝ $63.00	Medium
10/12/2020	Barclays	Boost Target	Overweight	$50.00 ➝ $85.00	Medium
10/1/2020	Union Gaming Research	Boost Target		$62.00 ➝ $100.00	Low
10/1/2020	Jefferies Financial Group	Boost Target		$50.00 ➝ $69.00	Low
10/1/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Sell	$22.00 ➝ $31.00	Low
9/30/2020	Craig Hallum	Boost 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 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 Target	Buy	$59.75 ➝ $85.00	Medium
9/17/2020	Stifel Nicolaus	Boost Target	Buy	$47.00 ➝ $85.00	High
9/15/2020	Rosenblatt Securities	Initiated Coverage	Buy		High
9/14/2020	The Goldman Sachs Group	Boost 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 Target		$48.00 ➝ $62.00	Medium
9/8/2020	Bank of America	Boost 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 Financial	Boost 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 Target	Overweight	$47.00 ➝ $49.00	Low
8/7/2020	Barclays	Boost Target	Overweight	$42.00 ➝ $50.00	High
7/21/2020	SunTrust Banks	Boost Target	Buy	$22.00 ➝ $40.00	Low
7/20/2020	Morgan Stanley	Boost Target	Overweight	$32.00 ➝ $47.00	Low
7/15/2020	JPMorgan Chase & Co.	Boost Target	Overweight	$28.00 ➝ $36.00	High
6/23/2020	Stifel Nicolaus	Boost 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 Target	Buy	$19.00 ➝ $39.00	Medium
5/27/2020	Morgan Stanley	Boost Target	Overweight	$21.00 ➝ $32.00	High
5/20/2020	JPMorgan Chase & Co.	Boost Target		$21.00 ➝ $28.00	High
5/11/2020	Morgan Stanley	Boost Target	Overweight	$19.00 ➝ $21.00	High
5/10/2020	Nomura	Reiterated Rating	Buy		Medium
5/8/2020	SunTrust Banks	Boost 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 Target	Buy	$42.00 ➝ $19.00	Medium
4/3/2020	Susquehanna Bancshares	Lower Target	Positive	$42.00 ➝ $20.00	High
3/30/2020	Morgan Stanley	Lower Target	Overweight	$39.00 ➝ $19.00	Low
2/19/2020	JPMorgan Chase & Co.	Boost 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 Target		$33.00 ➝ $39.00	Low
2/7/2020	Nomura Securities	Boost 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 Target	Overweight	$29.00 ➝ $33.00	High
1/21/2020	Morgan Stanley	Boost Target	Overweight	$27.00 ➝ $33.00	High
12/10/2019	JPMorgan Chase & Co.	Boost 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 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 Target	Hold	$25.00	Low
1/17/2019	Nomura Securities	Upgrade	Neutral ➝ Buy	$24.17	Low
12/20/2018	Morgan Stanley	Set Target	Hold	$23.00	Medium
11/5/2018	Morgan Stanley	Set Target	Hold	$31.00	Low
11/2/2018	JPMorgan Chase & Co.	Lower Target	Overweight ➝ Overweight	$41.00 ➝ $37.00	Low
11/2/2018	Nomura Securities	Lower Target	Neutral ➝ Neutral	$38.00 ➝ $30.00	Low
11/2/2018	SunTrust Banks	Set 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 Target	Buy	$40.00	Low
7/26/2018	UBS Group	Downgrade	Buy ➝ Hold		High
7/17/2018	Bank of America	Boost Target	Neutral ➝ Neutral	$36.50 ➝ $38.00	Low
6/26/2018	Morgan Stanley	Boost 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 Target	Neutral ➝ Neutral	$30.00 ➝ $35.00	Low
4/30/2018	Morgan Stanley	Boost 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 Target	Outperform ➝ Outperform	$33.00 ➝ $40.00	Low
4/26/2018	SunTrust Banks	Upgrade	Hold ➝ Buy		High
4/24/2018	Morgan Stanley	Lower 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 Target	Equal Weight ➝ Equal Weight	$33.00 ➝ $31.00	High
2/9/2018	Deutsche Bank Aktiengesellschaft	Lower Target	Buy ➝ Buy	$38.00 ➝ $37.00	High
2/6/2018	Jefferies Financial Group	Reiterated Rating	Buy	$35.00	Low

(Data available from 1/31/2018 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

5 very positive mentions
12 positive mentions
5 negative mentions
1 very negative mentions

Mentions as of

7/4/2022

2 very positive mentions
11 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

8/3/2022

9 very positive mentions
39 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

9/2/2022

4 very positive mentions
11 positive mentions
4 negative mentions
1 very negative mentions

Mentions as of

10/2/2022

10 very positive mentions
20 positive mentions
1 negative mentions
2 very negative mentions

Mentions as of

11/1/2022

16 very positive mentions
33 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

12/1/2022

13 very positive mentions
9 positive mentions
3 negative mentions
2 very negative mentions

Mentions as of

12/31/2022

16 very positive mentions
25 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

1/30/2023

Current Sentiment

Recent Stories by Sentiment

PENN Entertainment, 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, 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 Pete's and Horseshu, and M Resort. The Midwest segment consists 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: $34.50

$33.55

$35.14

50 Day Range

MA: $32.59

$28.31

$36.13

52 Week Range

Now: $34.50

$25.49

$51.72

Volume

2,868,157 shs

Average Volume

1,797,911 shs

Market Capitalization

$5.35 billion

P/E Ratio

24.30

Dividend Yield

N/A

Beta

2.18

Frequently Asked Questions

What sell-side analysts currently cover shares of PENN Entertainment?: The following equities research analysts have issued stock ratings on PENN Entertainment in the last twelve months: Bank of America Co., Barclays PLC, Canaccord Genuity Group Inc., CBRE Group, Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Roth Capital, Stifel Nicolaus, StockNews.com, Susquehanna, Susquehanna Bancshares, Inc., Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for PENN.
What is the current price target for PENN Entertainment?: 16 Wall Street analysts have set twelve-month price targets for PENN Entertainment in the last year. Their average twelve-month price target is $45.06, suggesting a possible upside of 30.6%. Susquehanna Bancshares, Inc. has the highest price target set, predicting PENN will reach $65.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $33.00 for PENN Entertainment in the next year.
View the latest price targets for PENN.
What is the current consensus analyst rating for PENN Entertainment?: PENN Entertainment currently has 8 hold ratings and 9 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 Entertainment.
View the latest ratings for PENN.
What other companies compete with PENN Entertainment?: Other companies that are similar to PENN Entertainment include Boyd Gaming, Monarch Casino & Resort, Caesars Entertainment, Wynn Resorts and MGM Resorts International. Learn More about companies similar to PENN Entertainment.
How do I contact PENN Entertainment's investor relations team?: PENN Entertainment'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 Entertainment is www.pngaming.com. Learn More about contacing PENN Entertainment investor relations.

PENN Entertainment - PENN 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 Entertainment?

What is the current price target for PENN Entertainment?

What is the current consensus analyst rating for PENN Entertainment?

What other companies compete with PENN Entertainment?

How do I contact PENN Entertainment's investor relations team?