Caesars Entertainment with ticker code (CZR) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 102 and 27 with a mean TP of 67.15. With the stocks previous close at 52.41 this would indicate that there is a potential upside of 28.1%. The 50 day moving average now sits at 47.62 and the 200 day MA is 46.81. The company has a market cap of $10,861m. Company Website: https://www.caesars.com
The potential market cap would be $13,916m based on the market concensus.
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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.