On June 23, 2025, analyst Daniel Politzer from JP Morgan announced the initiation of coverage on Churchill Downs (CHDN, Financial), a prominent name in the entertainment and gaming industry. The financial institution has set a price target of $116.00 USD for the stock, with a current rating of "Overweight".
This new rating and price target indicates a positive outlook for Churchill Downs (CHDN, Financial) as seen by JP Morgan, suggesting potential growth opportunities ahead. No prior price target was available for reference, highlighting the significance of this new coverage.
Investors and stakeholders may find this development noteworthy as they consider their positions in Churchill Downs (CHDN, Financial). Stay tuned for more updates and analyses in the evolving market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Churchill Downs Inc (CHDN, Financial) is $134.13 with a high estimate of $154.00 and a low estimate of $115.00. The average target implies an upside of 37.01% from the current price of $97.90. More detailed estimate data can be found on the Churchill Downs Inc (CHDN) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Churchill Downs Inc's (CHDN, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Churchill Downs Inc (CHDN, Financial) in one year is $166.63, suggesting a upside of 70.2% from the current price of $97.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Churchill Downs Inc (CHDN) Summary page.
