Cedar Fair, L.P. with ticker code (FUN) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 84 and 65 calculating the average target price we see 71. Given that the stocks previous close was at 56.32 this would imply there is a potential upside of 26.1%. There is a 50 day moving average of 51.46 and the 200 day moving average is 47.08. The market capitalisation for the company is $3,252m. You can visit the company’s website by visiting: https://www.cedarfair.com
The potential market cap would be $4,100m based on the market concensus.
Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott’s Berry Farm near Los Angeles, California; Canada’s Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California’s Great America located in Santa Clara, California; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St. Paul, Minnesota; Michigan’s Adventure situated near Muskegon, Michigan; Schlitterbahn Waterpark & Resort New Braunfels in New Braunfels, Texas; and Schlitterbahn Waterpark Galveston in Galveston, Texas. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California; and owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point’s Express Hotel, and Sawmill Creek Resort. As of February 17, 2021, the company operated 13 properties, which included 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling approximately 2,300 rooms and 600 luxury RV sites; and an additional theme park in California under a management contract. Cedar Fair Management serves as the general partner of Cedar Fair, L.P. The company was founded in 1983 and is headquartered in Sandusky, Ohio.
