Caesars Entertainment – Consensus Indicates Potential 49.7% Upside

Broker Ratings
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Caesars Entertainment with ticker code (CZR) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 183 and 100 with the average target price sitting at 117.93. Now with the previous closing price of 78.8 this is indicating there is a potential upside of 49.7%. The 50 day moving average now sits at 83.43 while the 200 day moving average is 96.67. The market capitalisation for the company is $14,912m. Company Website: https://www.caesars.com

The potential market cap would be $22,316m 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, or 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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