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resorts casino hotel 1133 boardwalkOur target price for PENN assumes a target multiple of 9.There’s something to that, as some of the recent fuel for Penn stock comes by way of the company reopening venues in some of its most important regional markets, such as Louisiana and Mississippi.Gov.foxwoods resort casino buffet6x our 2022 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimate, a slight premium to the stock’s historical average forward multiple given growth optionality from i-casino/sports betting through Barstool,” said Curtis.Massachusetts has been one of the hardest-hit states by the coronavirus, with 94,895 confirmed COVID-19 cases and 6,640 deaths.Impressive ResurgenceThis month, Penn stock nearly doubled, and its more than eight-fold surge off its March lows is one of the most impressive rebounds among all domestic gaming equities.scarlet pearl casino owner

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