Blair William & Co. IL Reduces Stake in Codere Online Luxembourg, S.A. $CDRO

Blair William & Co. IL reduced its stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,702 shares of the company’s stock after selling 1,500 shares during the quarter. Blair William & Co. IL owned approximately 0.09% of Codere Online Luxembourg worth $346,000 at the end of the most recent quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Codere Online Luxembourg in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Codere Online Luxembourg currently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Codere Online Luxembourg Stock Performance

Shares of Codere Online Luxembourg stock opened at $6.74 on Friday. The business has a 50-day moving average of $7.55 and a 200 day moving average of $7.65. Codere Online Luxembourg, S.A. has a 12 month low of $5.75 and a 12 month high of $8.75.

About Codere Online Luxembourg

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.