Ameristar Casinos, Inc. (ASCA) rated Outperform with price target $27 by FBR Capital
FBR Capital rated Outperform Ameristar Casinos, Inc. (NASDAQ: ASCA) on 08/04/2011. Previously FBR Capital rated Outperform Ameristar Casinos, Inc. (NASDAQ: ASCA) on
01/28/2011., when the stock price was $15.48. Since then, Ameristar Casinos, Inc. has gained 70.61% as of 05/24/2013's recent price of $26.41. If you would have followed the previous FBR Capital's recommendation on ASCA, you would have gained 70.6% of your investment in 847 days.
Ameristar Casinos, Inc.
is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture, state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar's focus on the total entertainment experience and the highest quality guest service has earned it a leading market share position in each of the markets in which it operates. Founded in 1954 in Jackpot, Nevada, Ameristar has been a public company since November 1993. The company has a portfolio of seven casinos in six markets: Ameristar St. Charles; Ameristar Kansas City; Ameristar Council Bluffs; Ameristar Vicksburg; Ameristar Black Hawk; and Cactus Petes and the Horseshu in Jackpot, Nevada.
uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.