Bally's Corporation (NYSE:BALY) Receives Consensus Recommendation of "Reduce" from Analysts
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Bally's Corporation (NYSE:BALY) has received an average recommendation of "Reduce" from five research firms, with two analysts suggesting a sell and three a hold. The average target price is $16.50. Barclays set a price objective of $11.00, while Weiss Ratings maintained a "sell (d-)" rating. Institutional investors own 70.41% of the stock. Bally's shares opened at $11.66, down 3.7%, with a market cap of $573.25 million and a PE ratio of -2.39. The company operates casinos and gaming platforms across several U.S. states.
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