Game Types Bonuses Slots More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Analyst: Station Casino Deserves Higher Price

12 Oct 2004

NEW YORK – As reported by The "Station Casinos (STN:NYSE) deserves a higher stock price because of its coming Red Rocks casino and Native American contracts, contends Harris Nesbitt Burns analyst Jeffrey Logsdon.

"The analyst Monday lifted his nine-to-15-month price target on Station stock to $63 from $51. Recently, shares fell 71 cents, or 1.4%, to $48.19, after rising as high as $49.50 very early in the session. The 52-week high is $50.96.

"…Logsdon left his earnings forecasts unchanged for the casino company. Even so, he contends Station deserves a higher multiple than other gaming companies.

"…He did establish a 2006 annual EPS estimate of $2.75, implying 20% growth from his 2005 estimate of $2.30…"

About Us | Advertising | Publications | Land Casinos