Caesars Entertainment – Consensus Indicates Potential 62.7% Upside

Broker Ratings
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Caesars Entertainment with ticker code (CZR) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 128 and 27 with the average target price sitting at 71.75. With the stocks previous close at 44.1 this would imply there is a potential upside of 62.7%. The 50 day moving average now sits at 40.93 and the 200 moving average now moves to 56.37. The company has a market capitalisation of $9,376m. Find out more information at: https://www.caesars.com

The potential market cap would be $15,255m 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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