Drive Shack Inc. with ticker code (DS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 5 and 3 with the average target price sitting at 4. With the stocks previous close at 2.45 this would imply there is a potential upside of 63.3%. There is a 50 day moving average of 1.73 and the 200 day moving average is 1.66. The company has a market capitalisation of $190m. Visit the company website at: http://www.driveshack.com
Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. It operates through Entertainment Golf Venues and Traditional Golf Properties segments. The Entertainment Golf Venues segment operates entertainment golf venues in Raleigh, North Carolina; Richmond, Virginia; and West Palm Beach, Florida. Its entertainment golf venues offer sports and social entertainment services with gaming and golf technology, a chef-inspired menu, and craft cocktails, as well as social events. The Traditional Golf Properties segment owns and operates golf properties in the United States. As of December 31, 2019, it owned, leased, or managed 59 properties in 9 states. Drive Shack Inc. also invests in loans and securities. The company was formerly known as Newcastle Investment Corp. and changed its name to Drive Shack Inc. in December 2016. Drive Shack Inc. was founded in 2002 and is headquartered in New York, New York.