Equities research analysts at Northland Securities assumed coverage on shares of Venu (NYSEAMERICAN:VENU - Get Free Report) in a report issued on Wednesday, MarketBeat reports. The firm set an "outperform" rating and a $15.00 price target on the stock. Northland Securities' target price would indicate a potential upside of 36.61% from the company's current price.
Venu Stock Performance
VENU traded up $0.38 during mid-day trading on Wednesday, hitting $10.98. The stock had a trading volume of 18,851 shares, compared to its average volume of 34,268. The business's fifty day simple moving average is $8.76. Venu has a 1-year low of $7.05 and a 1-year high of $13.12.
Institutional Investors Weigh In On Venu
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Focus Partners Wealth bought a new position in shares of Venu in the fourth quarter valued at $589,000. Gabelli Funds LLC bought a new stake in shares of Venu during the fourth quarter worth approximately $590,000. Bard Associates Inc. acquired a new position in Venu in the 4th quarter valued at $1,861,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Venu in the fourth quarter valued at about $244,000. Finally, Bleichroeder LP bought a new stake in shares of Venu in the fourth quarter valued at approximately $183,000.
Venu Company Profile
(
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Venu Holding Corporation is a premier hospitality and live music company dedicated to crafting luxury, experience-driven entertainment destinations. Venu Holding Corporation is based in COLORADO SPRINGS, Colo.
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