Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for PENN Entertainment (NASDAQ:PENN) Stock

PENN Entertainment (NASDAQ:PENN) had its target price hoisted by investment analysts at Deutsche Bank Aktiengesellschaft from $17.00 to $18.00 in a report issued on Friday,MarketScreener reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 4.41% from the company’s current price.

PENN has been the topic of a number of other reports. JPMorgan Chase & Co. boosted their price target on shares of PENN Entertainment from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Mizuho boosted their price target on shares of PENN Entertainment from $19.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Citigroup boosted their price target on shares of PENN Entertainment from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Stifel Nicolaus boosted their price target on shares of PENN Entertainment from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Susquehanna lowered their price target on shares of PENN Entertainment from $20.00 to $17.00 and set a “positive” rating on the stock in a research report on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, PENN Entertainment currently has a consensus rating of “Hold” and an average price target of $20.21.

PENN Entertainment Stock Performance

PENN opened at $17.24 on Friday. The firm has a market capitalization of $2.30 billion, a PE ratio of -2.57, a PEG ratio of 0.56 and a beta of 1.32. PENN Entertainment has a twelve month low of $11.65 and a twelve month high of $20.60. The firm’s 50-day moving average price is $14.59 and its 200 day moving average price is $14.71. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 3.92.

PENN Entertainment (NASDAQ:PENN) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.74 billion. PENN Entertainment had a negative net margin of 13.55% and a positive return on equity of 0.42%. PENN Entertainment’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 earnings per share. As a group, sell-side analysts expect that PENN Entertainment will post 1.01 EPS for the current fiscal year.

Hedge Funds Weigh In On PENN Entertainment

Several institutional investors and hedge funds have recently bought and sold shares of PENN. Quarry LP acquired a new position in PENN Entertainment in the 4th quarter valued at about $36,000. IFP Advisors Inc boosted its holdings in PENN Entertainment by 76.2% in the 4th quarter. IFP Advisors Inc now owns 2,766 shares of the company’s stock valued at $41,000 after purchasing an additional 1,196 shares during the last quarter. Modus Advisors LLC acquired a new position in PENN Entertainment in the 4th quarter valued at about $47,000. Cloud Capital Management LLC acquired a new position in PENN Entertainment in the 3rd quarter valued at about $54,000. Finally, Triumph Capital Management acquired a new position in PENN Entertainment in the 3rd quarter valued at about $54,000. 91.69% of the stock is currently owned by institutional investors and hedge funds.

PENN Entertainment News Summary

Here are the key news stories impacting PENN Entertainment this week:

• Positive Sentiment: Mizuho raised its price target to $23 and maintained an “outperform” call, implying ~33% upside from current levels. Article Title TickerReport
• Positive Sentiment: JPMorgan bumped its target to $23 and moved to “overweight” — another institutional vote of confidence that can support upside momentum. Article Title
• Positive Sentiment: Stifel raised its target to $23 and kept a “buy” rating, joining other brokers in signaling meaningful upside. Article Title The Fly
• Positive Sentiment: PENN reported a Q1 beat (EPS $0.11 vs. $0.05 est.; revenue $1.78B vs. $1.74B), with Interactive losses narrowing sharply and retail trends aided by the M Resort tower opening — evidence of operational improvement. Press Release Yahoo
• Neutral Sentiment: Deutsche Bank nudged its target to $18 and kept a “hold” rating — a less bullish view that tempers the unanimous upgrade narrative. MarketScreener
• Neutral Sentiment: Management reiterated an improving Interactive outlook (2026 interactive adjusted EBITDA loss guided to ~$20M) and highlighted retail strength from Alberta and property openings — supports the recovery thesis but is conditional on execution. Seeking Alpha
• Negative Sentiment: Analyst caution and a bearish Seeking Alpha piece emphasize elevated leverage, a regional asset base they consider lower quality, and a valuation premium versus peers — risks that could cap the multiple until leverage meaningfully improves. Seeking Alpha
• Negative Sentiment: Financial metrics remain a concern: negative net margin and return on equity plus a high debt-to-equity ratio keep balance-sheet risk top of mind for investors despite operational gains (see company metrics). MarketBeat

About PENN Entertainment

PENN Entertainment, Inc (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia.