StockNews.com upgraded shares of Caesars Entertainment (NASDAQ:CZR – Get Rating) from a hold rating to a buy rating in a research note released on Wednesday morning.
A number of other brokerages have also commented on CZR. B. Riley increased their price objective on Caesars Entertainment from $102.00 to $111.00 and gave the company a buy rating in a report on Tuesday, February 21st. Wells Fargo & Company raised their target price on Caesars Entertainment from $72.00 to $74.00 and gave the company an overweight rating in a report on Wednesday, January 25th. Barclays raised their target price on Caesars Entertainment from $66.00 to $70.00 and gave the company an overweight rating in a report on Wednesday, February 22nd. Deutsche Bank Aktiengesellschaft raised their target price on Caesars Entertainment from $64.00 to $70.00 in a report on Tuesday, January 31st. Finally, Bank of America lowered their target price on Caesars Entertainment from $55.00 to $50.00 in a report on Wednesday, January 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of Hold and an average target price of $65.77.
Caesars Entertainment Price Performance
CZR opened at $43.19 on Wednesday. Caesars Entertainment has a fifty-two week low of $31.31 and a fifty-two week high of $81.57. The business has a 50-day moving average of $50.45 and a 200-day moving average of $46.10. The company has a quick ratio of 0.77, a current ratio of 0.79 and a debt-to-equity ratio of 3.37.
Institutional Investors Weigh In On Caesars Entertainment
Caesars Entertainment Company Profile
Caesars Holdings, Inc is a holding company, which engages in the provision of casino-entertainment and hospitality services. It operates through the following segments: Las Vegas, Other U.S., and All Other. The All Other segment includes managed and international properties as well as other business, such as Caesars Interactive Entertainment.
- Get a free copy of the StockNews.com research report on Caesars Entertainment (CZR)
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