Shuffle Master PT Lowered to $18.00 (SHFL)
Shuffle Master (NASDAQ: SHFL) had its price target lowered by Stifel Nicolaus from $19.00 to $18.00 in a research report sent to investors on Tuesday morning. The firm currently has a buy rating on the stock.
Shuffle Master opened at 15.58 on Tuesday. Shuffle Master has a 52-week low of $11.75 and a 52-week high of $18.77. The stock’s 50-day moving average is currently $15.44. The company has a market cap of $861.9 million and a price-to-earnings ratio of 22.91.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase raised their price target on shares of Shuffle Master from $15.00 to $16.00 in a research note to investors on Tuesday. They now have a neutral rating on the stock. Separately, analysts at Brean Murray reiterated a buy rating on shares of Shuffle Master in a research note to investors on Thursday, February 28th. They now have a $19.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Shuffle Master from a neutral rating to an underperform rating in a research note to investors on Monday, February 18th. They now have a $15.30 price target on the stock.
Five research analysts have rated the stock with a buy rating, and two have issued a hold rating to the company’s stock. The stock has a consensus rating of overweight and a consensus target price of $17.71.
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