Nomura Securities Maintains a 'Neutral' on Gaylord Entertainment (GET); 2012 Outlook Intact Following 4Q Beat

Nomura Securities maintains a 'Neutral' on Gaylord Entertainment (NYSE: GET) price target of $31.00.

Analyst, Harry Curtis, said, "We made minor changes to our outlook following the conference call. In 2012, we expect a RevPAR gain of 5.5% and total RevPAR to be up 4.5%. Our consolidated cash flow (CCF) estimate remains $241mn, while our 2013 estimate increases to $262mn from $257mn. We remain Neutral on GET, as we believe that other stocks in our group are more attractively valued. In addition, we remain skeptical about the future success of the company’s Aurora, Co. development project, a recurring theme in our analysis of GET."

For an analyst ratings summary and ratings history on Gaylord Entertainment click here. For more ratings news on Gaylord Entertainment click here.

Shares of Gaylord Entertainment closed at $29.75 yesterday.

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