Barclays Maintains Their Hold Rating on Boyd Gaming

By Carrie Williams

In a report released today, Felicia Hendrix from Barclays maintained a Hold rating on Boyd Gaming (NYSE: BYD), with a price target of $33. The company’s shares opened today at $35.25.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 7.7% and a 62.7% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

Currently, the analyst consensus on Boyd Gaming is Moderate Buy and the average price target is $40.33, representing a 14.4% upside.

In a report released today, Stifel Nicolaus also reiterated a Hold rating on the stock with a $40 price target.

Boyd Gaming’s market cap is currently $4.23B and has a P/E ratio of 36.30. The company has a book value ratio of 4.0938.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata. Its portfolio includes hotels, casino, breweries, resorts, and spa.