Caesars Entertainment found using ticker (CZR) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 128 and 32 with a mean TP of 82.43. Given that the stocks previous close was at 42.65 this now indicates there is a potential upside of 93.3%. The 50 day MA is 44.43 and the 200 moving average now moves to 75.49. The market capitalisation for the company is $9,042m. Visit the company website at: https://www.caesars.com
The potential market cap would be $17,475m 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.
