Caesars Entertainment (CZR) Rating Reiterated by Oppenheimer
Caesars Entertainment (NASDAQ:CZR)‘s stock had its “buy” rating reissued by investment analysts at Oppenheimer in a report released on Thursday. They currently have a $15.00 price objective on the stock. Oppenheimer’s price objective would suggest a potential upside of 12.78% from the stock’s previous close.
A number of other equities research analysts also recently commented on CZR. ValuEngine downgraded shares of Caesars Entertainment from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. BidaskClub raised shares of Caesars Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research downgraded shares of Caesars Entertainment from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Nomura began coverage on shares of Caesars Entertainment in a research report on Friday, October 6th. They set a “neutral” rating and a $14.00 price objective for the company. Finally, Instinet began coverage on shares of Caesars Entertainment in a research report on Friday, October 6th. They set a “neutral” rating and a $14.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.39.
Caesars Entertainment (NASDAQ:CZR) traded up $0.20 during trading hours on Thursday, reaching $13.30. 6,330,257 shares of the company’s stock were exchanged, compared to its average volume of 3,521,429. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of -1.69. Caesars Entertainment has a fifty-two week low of $7.05 and a fifty-two week high of $13.60.
COPYRIGHT VIOLATION NOTICE: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/11/30/caesars-entertainment-czr-rating-reiterated-by-oppenheimer.html.
About Caesars Entertainment
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 resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.
Receive News & Stock Ratings for Caesars Entertainment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment Corporation and related stocks with our FREE daily email newsletter.