Galaxy Entertainment Group Limited (GXYEF) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

Several analysts recently weighed in on the company. Jefferies Financial Group assumed coverage on Galaxy Entertainment Group in a research report on Monday, April 8th. They set a “hold” rating for the company. Macquarie assumed coverage on Galaxy Entertainment Group in a research report on Monday, April 8th. They set an “outperform” rating for the company. JPMorgan Chase & Co. downgraded Galaxy Entertainment Group from an “overweight” rating to a “neutral” rating in a research report on Tuesday, March 5th. Finally, Sanford C. Bernstein upgraded Galaxy Entertainment Group from a “mkt perform” rating to an “outperform” rating in a research report on Friday, January 18th.

OTCMKTS:GXYEF traded up $0.03 during midday trading on Friday, hitting $7.18. 1,790 shares of the company were exchanged, compared to its average volume of 21,399. Galaxy Entertainment Group has a fifty-two week low of $5.00 and a fifty-two week high of $9.03.

Galaxy Entertainment Group Company Profile

Galaxy Entertainment Group Limited, an investment holding company, engages gaming and entertainment, and construction materials businesses in Macau, Hong Kong, and Mainland China. The company operates casino games of chance or games of other forms; and provides hospitality and related services. It owns and operates Galaxy Macau, an integrated resort; Broadway Macau, a landmark entertainment and food street destination situated; and StarWorld Macau, a 5-star hotel located in the Macau Peninsula, as well as City Club casinos.

See Also: P/E Growth (PEG)

Analyst Recommendations for Galaxy Entertainment Group (OTCMKTS:GXYEF)

Receive News & Ratings for Galaxy Entertainment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galaxy Entertainment Group and related companies with MarketBeat.com's FREE daily email newsletter.