Red Rock Resorts with ticker code (RRR) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 50 and 36 calculating the mean target price we have 44.13. Given that the stocks previous close was at 36.88 this would indicate that there is a potential upside of 19.7%. There is a 50 day moving average of 35.77 and the 200 moving average now moves to 45.56. The company has a market cap of $2,255m. You can visit the company’s website by visiting: https://www.redrockresorts.com
The potential market cap would be $2,699m based on the market concensus.
Red Rock Resorts, through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts in January 2016. Red Rock Resorts was incorporated in 1976 and is based in Las Vegas, Nevada.
