Jefferies Financial Group initiated coverage on shares of Galaxy Entertainment Group (OTCMKTS:GXYEF) in a research report released on Monday, April 8th, The Fly reports. The brokerage issued a hold rating on the stock.
GXYEF has been the topic of several other research reports. JPMorgan Chase & Co. cut shares of Galaxy Entertainment Group from an overweight rating to a neutral rating in a report on Tuesday, March 5th. Sanford C. Bernstein raised shares of Galaxy Entertainment Group from a mkt perform rating to an outperform rating in a report on Friday, January 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Galaxy Entertainment Group has an average rating of Hold.
OTCMKTS:GXYEF traded up $0.13 during mid-day trading on Monday, hitting $7.62. The stock had a trading volume of 5,379 shares, compared to its average volume of 21,748. Galaxy Entertainment Group has a twelve month low of $5.00 and a twelve month high of $9.03.
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.
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