Boyd Gaming Corporation – Consensus Indicates Potential 32.7% Upside

Broker Ratings
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Boyd Gaming Corporation with ticker code (BYD) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 94 and 70 with the average target price sitting at 82.82. With the stocks previous close at 62.4 this indicates there is a potential upside of 32.7%. The 50 day moving average now sits at 62.25 while the 200 day moving average is 61.99. The market cap for the company is $6,818m. Company Website: https://www.boydgaming.com

The potential market cap would be $9,050m based on the market concensus.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As of March 8, 2021, the company operated 28 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. It also engages in owning and operating a travel agency. The company was founded in 1975 and is headquartered in Las Vegas, Nevada.

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