SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GRDI, BALY, WSBC on Behalf of Shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2024
0mins
Source: PRnewswire
Investigation of Companies: Halper Sadeh LLC is investigating GRIID Infrastructure Inc., Bally's Corporation, and WesBanco, Inc. for potential violations of federal securities laws and breaches of fiduciary duties related to their recent transactions.
Legal Support for Shareholders: The law firm offers free consultations to shareholders regarding their rights and options, emphasizing that they will handle cases on a contingent fee basis, meaning no upfront legal fees are required from clients.
Analyst Views on BALY
Wall Street analysts forecast BALY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BALY is 16.33 USD with a low forecast of 11.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 17.030
Low
11.00
Averages
16.33
High
20.00
Current: 17.030
Low
11.00
Averages
16.33
High
20.00
About BALY
Bally's Corporation is a global casino-entertainment company with an omnichannel presence. The Company’s segment includes Casinos & Resorts and North America Interactive. It owns and operates approximately 20 casinos internationally, including one retail casino in Newcastle, the United Kingdom, 11 states across the United States, along with a golf course in New York and a horse racetrack in Colorado and holds OSB licenses in 13 jurisdictions in North America. Its Casinos & Resorts include Bally's Atlantic City, Bally’s Dover, Bally's Lincoln, and others. The North America Interactive segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands. It also owns Bally Bet, a sports betting platform; Bally Casino, an iCasino platform, and a significant economic stake in Intralot S.A., a global lottery management and services business. The Company’s casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
