Caesars Entertainment – Consensus Indicates Potential 65.7% Upside

Broker Ratings
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Caesars Entertainment found using ticker (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 191 and 110 calculating the mean target price we have 130.64. With the stocks previous close at 78.83 this now indicates there is a potential upside of 65.7%. The day 50 moving average is 85.91 and the 200 moving average now moves to 98.24. The company has a market capitalisation of $17,262m. You can visit the company’s website by visiting: https://www.caesars.com

The potential market cap would be $28,608m based on the market concensus.

Caesars Entertainment operates as a gaming and hospitality company in the United States. The company operates casinos, including poker, keno, and race and online sportsbooks; dining venues, bars, nightclubs, and lounges; hotels; and entertainment venues. It also offers staffing and management services; accessories, souvenirs, and decorative items through retail stores; and online sports betting and iGaming services. As of December 31,2020, the company owned, leased, or managed 54 domestic properties in 16 states, consisting of approximately 54,600 slot machines, video lottery terminals, and e-tables; 3,200 table games; and 47,700 hotel rooms. Caesars Entertainment was founded in 1937 and is based in Reno, Nevada.

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