Caesars Entertainment – Consensus Indicates Potential 38.3% Upside

Broker Ratings
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Caesars Entertainment found using ticker (CZR) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 102 and 27 calculating the mean target price we have 65.29. With the stocks previous close at 47.21 this would imply there is a potential upside of 38.3%. There is a 50 day moving average of 47.08 and the 200 day MA is 48.01. The market capitalisation for the company is $10,379m. Company Website: https://www.caesars.com

The potential market cap would be $14,353m 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.

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