Century Casinos is a known international casino entertainment company founded in 1992 and based in Colorado Spring, Colorado. Along with developing and operating gaming establishments, it owns lodging, restaurant, horse racing, and entertainment facilities.
Its venues exist across North America, England, and Poland. There is a racetrack and casino in Canada and pari-mutuel off-track betting network in southern Alberta.
Century Casinos manages cruise ship-based casinos and provides gaming-related services in Argentina. As of the last count, it is said to operate five ship-based casinos
The outlook for Century Casinos (CNTY) is promising according to have analysts covering the stock. In fact, the consensus is that it is certainly a “buy.”
The target price range is between 11 and 6. However, calculating the average target price, it is likely to be 9. Of note, the previous closing price was 6.09.
The good news is that CNTY has a potential upside of 47.8%. Just look at the 50-day moving average – at 5.37 – and the 200 moving average at 5.1. Of note, the company has market capitalization of $176 million.
All eyes are on the stock to see if it hits its mark.