Cedar Fair, L.P. – Consensus Indicates Potential 20.9% Upside

Broker Ratings

Cedar Fair, L.P. with ticker code (FUN) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 58 and 41 and has a mean target at 49.5. Now with the previous closing price of 40.94 this indicates there is a potential upside of 20.9%. The 50 day MA is 40.68 and the 200 moving average now moves to 46.45. The market capitalisation for the company is $2,244m. Company Website: https://www.cedarfair.com

The potential market cap would be $2,714m based on the market concensus.

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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 in 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 owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point’s Express Hotel, and Sawmill Creek Resort. As of December 31, 2021, the company operated 13 amusement parks. The company was founded in 1983 and is headquartered in Sandusky, Ohio.

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