Red Rock Resorts found using ticker (RRR) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 66 and 45 calculating the average target price we see 56. Given that the stocks previous close was at 46.68 this would indicate that there is a potential upside of 20.0%. There is a 50 day moving average of 47.38 while the 200 day moving average is 47.33. The company has a market cap of $2,892m. Visit the company website at: https://www.redrockresorts.com
The potential market cap would be $3,469m 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 orporated in 1976 and is based in Las Vegas, Nevada.
