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

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

Consensus Rating: Buy
Consensus Price Target: $105.61
Forecasted Upside: 38.72 %
Number of Analysts: 17
Breakdown:
2 Sell Ratings
3 Hold Ratings
12 Buy Ratings
0 Strong Buy Ratings

^$76.13 As of 06/17/2021 05:33 PM ET

▼ -1.67 (-2.15%)

1 month | 3 months | 12 months

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Analyst Price Target for PENN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$105.61

▲ +38.72% Upside Potential

This price target is based on 17 analysts offering 12 month price targets for Penn National Gaming in the last 3 months. The average price target is $105.61, with a high forecast of $158.00 and a low forecast of $31.00. The average price target represents a 38.72% upside from the last price of $76.13.

Buy

The current consensus among 17 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
4 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

12/24/2019

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

Ratings as of

3/23/2020

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

Ratings as of

6/21/2020

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

Ratings as of

9/19/2020

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

Ratings as of

12/18/2020

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

Ratings as of

3/18/2021

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

Ratings as of

5/17/2021

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

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

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

(Data available from 6/17/2016 forward)

Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals. It operates through four segments: Northeast, South, West, and Midwest. The company operates live sports betting properties in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, Nevada, Pennsylvania, and West Virginia; Barstool Sports, an online sports betting app in Pennsylvania; and online social casino, bingo, and online casinos under the iGaming name in Pennsylvania and Michigan. It also owns and operates horse racetracks in West Virginia, Pennsylvania, New Mexico, and Ohio; and harness racetracks in Maine, Ohio, Pennsylvania, and Massachusetts. As of December 31, 2020, the company owned, managed, or had ownership interests in 41 gaming and racing properties in 19 states. It owns various trademarks and service marks, including, Ameristar, Argosy, Boomtown, Greektown, Hollywood Casino, Hollywood Gaming, Hollywood Poker, L'Auberge, M Resort, and MYCHOICE. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

Today's Range

Now: $76.13

$75.43

$79.03

50 Day Range

MA: $86.54

$76.09

$106.69

52 Week Range

Now: $76.13

$26.96

$142.00

Volume

4,258,181 shs

Average Volume

4,782,825 shs

Market Capitalization

$11.90 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.58

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, 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, SunTrust Banks, Inc., The Goldman Sachs Group, Inc., TheStreet, Truist, Union Gaming Research, 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 $105.61, suggesting a possible upside of 36.6%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PENN will reach $158.00 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, 3 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, Advanced Drainage Systems, Churchill Downs, Scientific Games, 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.