Barclays Maintains "Overweight" Rating on Churchill Downs, Raises Price Target to $127.00

Sunday, Jul 20, 2025 1:56 am ET1min read

Barclays has maintained its "Overweight" rating on Churchill Downs (CHDN) and raised the stock's price target from $124 to $127, a 2.42% increase. The analyst, Brandt Montour, continues to support the positive outlook for the company. The average one-year price target from 12 analysts is $132.43, implying a 25.21% upside from the current price. The average brokerage recommendation is 1.8, indicating "Outperform" status. The estimated GF Value for CHDN in one year is $166.22, suggesting a 57.16% upside from the current price.

Barclays has maintained its "Overweight" rating on Churchill Downs (CHDN) and raised the stock's price target from $124 to $127, a 2.42% increase. The analyst, Brandt Montour, continues to support the positive outlook for the company. The average one-year price target from 12 analysts is $132.43, implying a 25.21% upside from the current price. The average brokerage recommendation is 1.8, indicating "Outperform" status. The estimated GF Value for CHDN in one year is $166.22, suggesting a 57.16% upside from the current price.

The move by Barclays comes amidst a flurry of analyst activity surrounding Churchill Downs. Stifel Nicolaus has lifted their target price on Churchill Downs from $130 to $133, while Macquarie has dropped their target from $172 to $154. Truist Financial has reduced their target from $150 to $145, and Susquehanna has lowered their target from $150 to $136. JPMorgan Chase & Co. has assumed coverage on the stock with an "overweight" rating and a $116 price target. One analyst has rated the stock with a hold rating, while eleven have issued a buy rating to the company [1].

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues, TwinSpires, an online wagering platform for horse racing, sports, and iGaming, retail sports books, casino gaming, and Terre Haute Casino Resort [2].

References:
[1] https://www.marketbeat.com/instant-alerts/churchill-downs-nasdaqchdn-price-target-raised-to-12700-at-barclays-2025-07-18/
[2] https://www.marketbeat.com/instant-alerts/filing-jennison-associates-llc-acquires-30444-shares-of-churchill-downs-incorporated-nasdaqchdn-2025-07-19/

Barclays Maintains "Overweight" Rating on Churchill Downs, Raises Price Target to $127.00

Comments



Add a public comment...
No comments

No comments yet