Caesars Entertainment with ticker code (CZR) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 183 and 100 with a mean TP of 117.93. Given that the stocks previous close was at 80.83 this now indicates there is a potential upside of 45.9%. There is a 50 day moving average of 79.97 and the 200 day MA is 94.97. The market capitalisation for the company is $16,807m. Company Website: https://www.caesars.com
The potential market cap would be $24,521m 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.
