The price of PENN is predicted to go up 1.92%, based on the high correlation periods with SUN. The similarity of these two price pattern on the periods is 94.52%.
PENN
SUN
We see Penn's domestic properties and partnership with ESPN as well positioned to benefit from the more than $40 billion US sports betting and iGaming revenue opportunity by 2030.
Penn has a strong omnichannel offering, which includes over 40 physical casinos, a digital platform of media assets and online wagering, and large loyalty membership of over 30 million.
The company is the leading online operator in Ontario, aided by its 2021 acquisition of theScore.
Jefferies
2025-01-03
Price Target
$21 → $22
Upside
+17.27%
JP Morgan
2024-12-13
Price Target
$19 → $27
Upside
+29.87%
Macquarie
2024-11-08
Price Target
$26 → $27
Upside
+31.77%