Published On: Thu, Sep 14th, 2017

Analysts Watch Caesars Entertainment Corporation (NASDAQ:CZR) And Issue New Targets


Recently stock market analysts have updated their consensus ratings on shares of Caesars Entertainment Corporation (NASDAQ:CZR).

Most recent broker ratings

07/19/2017 – Imperial Capital began new coverage on Caesars Entertainment Corporation giving the company a “outperform” rating. They now have a USD 15.5 price target on the stock.

05/31/2017 – Oppenheimer began new coverage on Caesars Entertainment Corporation giving the company a “outperform” rating. They now have a USD 15 price target on the stock.

04/20/2017 – Caesars Entertainment Corporation was upgraded to “outperform” by analysts at Macquarie. They now have a USD 13 price target on the stock.

12/14/2015 – Caesars Entertainment Corporation had its “underweight” rating reiterated by analysts at Barclays. They now have a USD 9 price target on the stock.

03/05/2015 – Caesars Entertainment Corporation was upgraded to “outperform” by analysts at Zacks. They now have a USD 12.5 price target on the stock.

10/22/2014 – Caesars Entertainment Corporation had its “underperform” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 9 price target on the stock.

02/21/2014 – Caesars Entertainment Corporation was upgraded to “neutral” by analysts at McLean Capital Management.

12/27/2013 – Caesars Entertainment Corporation had its “sell” rating reiterated by analysts at TheStreet.

12/11/2013 – Wells Fargo began new coverage on Caesars Entertainment Corporation giving the company a “outperform” rating.

12/06/2013 – Morgan Stanley began new coverage on Caesars Entertainment Corporation giving the company a “equal weight” rating. They now have a USD 4 price target on the stock.

10/21/2013 – Caesars Entertainment Corporation was upgraded to “buy” by analysts at Thomson Reuters/Verus.

Caesars Entertainment Corporation has a 50 day moving average of 11.85 and a 200 day moving average of 11.17. The stock’s market capitalization is 1.75B, it has a 52-week low of 6.61 and a 52-week high of 13.45.

The share price of the company (NASDAQ:CZR) was up +0.00%, with a high of 11.80during the day and the volume of Caesars Entertainment Corporation shares traded was 529667.

Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company’s segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. As of July 14, 2017, the Company through its subsidiaries, operates 47 casinos in 13 states and in five countries. As of December 31, 2017, the Company has over one million square feet of gaming space and approximately 24,000 hotel rooms. As of December 31, 2016, CERP owned six casinos in the United States and The LINQ promenade along with leasing Octavius Tower at Caesars Palace Las Vegas (Octavius Tower) to Caesars Entertainment Operating Company (CEOC) and gaming space at The LINQ promenade to CGP. As of December 31, 2016, CGP owned six casinos in the United States.