Caesars Entertainment found using ticker (CZR) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 102 and 27 and has a mean target at 70.75. Given that the stocks previous close was at 37.28 this now indicates there is a potential upside of 89.8%. The day 50 moving average is 43.74 and the 200 moving average now moves to 59.99. The company has a market capitalisation of $7,586m. Company Website: https://www.caesars.com
The potential market cap would be $14,397m 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.
