Home » USA Broker Ratings » Cedar Fair, L.P. – Consensus Indicates Potential 18.2% Upside

Cedar Fair, L.P. – Consensus Indicates Potential 18.2% Upside

Cedar Fair, L.P. with ticker code (FUN) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 43 and 25 and has a mean target at 34.56. Given that the stocks previous close was at 29.25 this indicates there is a potential upside of 18.2%. The 50 day moving average now sits at 27.51 and the 200 day MA is 28.43. The market capitalisation for the company is $1,667m. Company Website: http://www.cedarfair.com

Cedar Fair, L.P. owns and operates amusement and water parks, and hotels in the United States and Canada. The company operates approximately 11 amusement parks, 2 outdoor water parks, 1 indoor water park, and 4 hotels. 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, Canada; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Kings Dominion located near Richmond, Virginia; California’s Great America located in Santa Clara, California; Valleyfair located near Minneapolis/St. Paul, Minnesota; Worlds of Fun located in Kansas City, Missouri; Michigan’s Adventure located 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 in Sandusky, Ohio. As of December 31, 2019, the company operated 11 amusement parks, and 4 separate gated outdoor water parks, as well as resort accommodations approximately 2,300 rooms and 600 luxury RV sites. 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.

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