PENN Entertainment Stock (NASDAQ:PENN), Analyst Ratings, Price Targets, Predictions

The latest price target for PENN Entertainment (NASDAQ: PENN) was reported by Wells Fargo on May 3, 2024. The analyst firm set a price target for $18.00 expecting PENN to rise to within 12 months (a possible 11.52% upside). 41 analyst firms have reported ratings in the last year.

The latest analyst rating for PENN Entertainment (NASDAQ: PENN) was provided by Wells Fargo, and PENN Entertainment maintained their equal-weight rating.

The last upgrade for PENN Entertainment Inc happened on April 23, 2024 when Truist Securities raised their price target to $23. Truist Securities previously had a hold for PENN Entertainment Inc.

The last downgrade for PENN Entertainment Inc happened on August 10, 2023 when Truist Securities changed their price target from $33 to $30 for PENN Entertainment Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PENN Entertainment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PENN Entertainment was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest PENN Entertainment (PENN) rating was a maintained with a price target of $21.00 to $18.00. The current price PENN Entertainment (PENN) is trading at is $16.14, which is out of the analyst’s predicted range.