TOday’s Movers: Isle of Capri (NASDAQ:ISLE) Stock Rating Reaffirmed at Telsey Advisory Group; $24 Target Price Indicates 48.88% Potential

Share

Isle of Capri (NASDAQ:ISLE) Rating Reaffirmed

Recently, In a recent report revealed to clients and investors on Thursday morning, Isle of Capri (NASDAQ:ISLE) shares have had their “Outperform” Rating kept steady by equity analysts at Telsey Advisory Group, who currently has a $24 Estimated Target Price on company. This target by Telsey Advisory Group would possibly suggest the possibile upside of 48.88% from the closing share price.

From a total of 4 analysts covering Isle of Capri Casinos (NASDAQ:ISLE) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 43% of the ratings are positive. The highest target price is $25 while the lowest target price is $19. The mean of all analyst targets is $22.25 with a 39.58% above today’s ($16.12) stock price. Isle of Capri Casinos was the topic of 3 analyst reports since August 11, 2015 according to the firm StockzIntelligence Inc. Zacks upgraded shares on September 4 to “Strong-Buy” rating.

The stock decreased 15.02% or $2.85 during the last trading session, striking $16.12. Approximately shares of stock traded hands. Isle of Capri Casinos (NASDAQ:ISLE) has risen 13.36% since April 30, 2015 and is uptrending. It has outperformed by 13.65% the S&P500.

Isle of Capri Casinos, Inc. is a developer, owner and operator of branded gaming facilities and related dining, lodging and entertainment facilities. The company has a market cap of $771.89 million. The Firm owns or operates around 15 gaming and entertainment facilities in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania. It has 41.38 P/E ratio. Collectively, these properties feature approximately 12,700 slot machines and over 300 table games over 2,300 hotel rooms and around 45 restaurants.

According to Zacks Investment Research, “Isle of Capri Casinos is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the United States. The company wholly or partially owns and operates gaming facilities under the name Isle of Capri. In addition, the company wholly owns and operates a pari-mutuel harness racing facility and owns interests in and operates gaming activities aboard a cruise ship based.” Get a free copy of the Zacks research report on Isle of Capri Casinos (ISLE).

COMMENTS: