Codere Online Luxembourg’s (CDRO) Buy Rating Reaffirmed at Stifel Nicolaus

Stifel Nicolaus reaffirmed their buy rating on shares of Codere Online Luxembourg (NASDAQ:CDRO) in a research note published on Monday,Benzinga reports. Stifel Nicolaus currently has a $10.00 price objective on the stock.

Codere Online Luxembourg Stock Down 7.1 %

Shares of CDRO stock opened at $6.29 on Monday. Codere Online Luxembourg has a fifty-two week low of $2.90 and a fifty-two week high of $8.76. The stock’s 50-day moving average is $7.59 and its two-hundred day moving average is $7.83.

Institutional Trading of Codere Online Luxembourg

A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC grew its holdings in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 98.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,801 shares of the company’s stock after purchasing an additional 39,601 shares during the quarter. Renaissance Technologies LLC owned about 0.18% of Codere Online Luxembourg worth $650,000 as of its most recent filing with the Securities and Exchange Commission. 10.30% of the stock is owned by institutional investors.

Codere Online Luxembourg Company Profile

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.