Brokerages Set Century Casinos, Inc. (NASDAQ:CNTY) Target Price at $3.67

Century Casinos, Inc. (NASDAQ:CNTY) has been assigned an average rating of “Moderate Buy” from the five analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $3.6667.

CNTY has been the topic of several analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Century Casinos in a report on Monday, December 29th. Stifel Nicolaus decreased their price target on shares of Century Casinos from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th.

Century Casinos Stock Performance

Shares of CNTY stock opened at $1.62 on Friday. The company has a debt-to-equity ratio of 83.68, a current ratio of 1.44 and a quick ratio of 1.39. The company’s fifty day moving average price is $1.55 and its two-hundred day moving average price is $1.90. The firm has a market capitalization of $47.69 million, a P/E ratio of -0.46 and a beta of 1.90. Century Casinos has a 12 month low of $1.23 and a 12 month high of $2.85.

Institutional Investors Weigh In On Century Casinos

A number of institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in shares of Century Casinos by 35.8% during the first quarter. Goldman Sachs Group Inc. now owns 117,594 shares of the company’s stock worth $199,000 after purchasing an additional 30,998 shares during the last quarter. XTX Topco Ltd acquired a new stake in Century Casinos during the second quarter valued at approximately $51,000. AWM Investment Company Inc. lifted its holdings in Century Casinos by 6.4% during the 2nd quarter. AWM Investment Company Inc. now owns 2,195,549 shares of the company’s stock worth $4,644,000 after buying an additional 132,745 shares during the last quarter. Mink Brook Asset Management LLC grew its position in shares of Century Casinos by 13.3% in the 2nd quarter. Mink Brook Asset Management LLC now owns 136,001 shares of the company’s stock worth $288,000 after acquiring an additional 16,004 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Century Casinos by 12.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 87,591 shares of the company’s stock valued at $229,000 after acquiring an additional 9,654 shares during the last quarter. Institutional investors and hedge funds own 66.36% of the company’s stock.

About Century Casinos

Century Casinos, Inc is an international gaming and entertainment company that owns and operates casino properties across North America and Europe. The company offers a full range of gaming services, including slot machines, table games, poker rooms and sports wagering, complemented by hotel accommodations, food and beverage outlets, live entertainment and meeting facilities.

In the United States, Century Casinos’ portfolio includes Century Casino & Hotel Cripple Creek and Century Casino & Hotel Central City in Colorado, as well as Century Casino Cape Girardeau in Missouri.