Red Rock Resorts – Consensus Indicates Potential 17.0% Upside

Broker Ratings

Red Rock Resorts found using ticker (RRR) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 66 and 50 with a mean TP of 59.67. Given that the stocks previous close was at 50.99 this indicates there is a potential upside of 17.0%. The 50 day moving average now sits at 53.88 and the 200 day MA is 45.32. The market cap for the company is $3,489m. Company Website: http://www.redrockresorts.com

Red Rock Resorts, through its interest in Station Holdco and Station LLC, engages in the casino, gaming, and entertainment businesses in the United States. It operates in two segments, Las Vegas Operations and Native American Management. The company develops, manages, and operates casino and 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. The company operates approximately 13,769 slot machines, 273 table games, and 3,081 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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