Red Rock Resorts – Consensus Indicates Potential 16.8% Upside

Broker Ratings

Red Rock Resorts with ticker code (RRR) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 31 and 25 with a mean TP of 28.67. Now with the previous closing price of 24.55 this is indicating there is a potential upside of 16.8%. The 50 day MA is 24.92 and the 200 day moving average is 19.16. The market cap for the company is $2,807m. You can visit the company’s website by visiting: http://www.redrockresorts.com

Red Rock Resorts, through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. It operates approximately 20,400 slot machines, 375 table games, and 5,000 hotel rooms. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts in January 2016. Red Rock Resorts was founded in 1976 and is based in Las Vegas, Nevada.

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