Cedar Fair, L.P. found using ticker (FUN) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 78 and 56 with a mean TP of 64. With the stocks previous close at 46.04 this would indicate that there is a potential upside of 39.0%. The day 50 moving average is 48.32 and the 200 day MA is 46.41. The market capitalisation for the company is $2,660m. Company Website: https://www.cedarfair.com
The potential market cap would be $3,698m 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.
