Gaylord Entertain Rating Lowered to Hold at Gabelli (GET)

By admin | 6 years ago

Gaylord Entertain (NYSE: GET) was downgraded by equities researchers at Gabelli to a “hold” rating in a report issued on Friday.

Gaylord Entertain opened at 37.72 on Friday. Gaylord Entertain has a 1-year low of $17.39 and a 1-year high of $39.00. The company has a market cap of $1.845 billion and a price-to-earnings ratio of 105.07.

Gaylord Entertain last released its earnings data on Tuesday, May 8th. The company reported $0.12 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.12. Gaylord Entertain’s revenue was up 8.2% compared to the same quarter last year. Analysts expect that Gaylord Entertain will post $0.13 EPS next quarter.

A number of other analysts have also recently weighed in on GET. Analysts at BGB Securities reiterated a “buy” rating on shares of Gaylord Entertain in a research note to investors on Friday. They now have a $45.00 price target on the stock. Analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of Gaylord Entertain in a research note to investors on Tuesday, May 1st.

Gaylord Entertainment Company is a hospitality company. The Company’s business is organized in three segments: Hospitality, which includes its hotel operations; Opry and Attractions, which includes its Grand Ole Opry assets, WSM-AM and its Nashville attractions, and Corporate and Other, which includes corporate expenses.

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