After soaring more than 23 percent this week, Century Casinos (NASDAQ:CNTY) is up 106 percent year-to-date. That easily makes it one of the best-performing gaming equities.
Cripple Creek, Colo., home to a Century Casinos venue. An analyst sees more upside ahead for the stock. (Image: Pinterest)
Those just now discovering the regional casino operator can take heart, because analysts see more upside coming for the shares. In fact, it was analyst commentary that sparked some of the stock’s surge this week, as B. Riley’s David Bain initiated coverage of the gaming equity with a “buy” rating and an $18 price target. That implies appreciation potential of about 38 percent from the April 30 close.