Caesars Entertainment with ticker code (CZR) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 102 and 27 calculating the mean target price we have 67.79. Given that the stocks previous close was at 49.68 this now indicates there is a potential upside of 36.5%. The 50 day moving average now sits at 41.8 and the 200 day MA is 53.47. The market cap for the company is $10,449m. You can visit the company’s website by visiting: https://www.caesars.com
The potential market cap would be $14,259m based on the market concensus.
Caesars Entertainment operates as a gaming and hospitality company in the United States. The company operates casinos comprising poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also provides staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2021, the company owned, leased, and managed 52 domestic properties in 16 states, consisting of approximately 55,700 slot machines, video lottery terminals, and e-tables; 2,900 table games; and 47,700 hotel rooms. Caesars Entertainment was founded in 1937 and is based in Reno, Nevada.
