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.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC lifted its stake in shares of Caesars Entertainment by 1,419.8% during the 3rd quarter. Neuberger Berman Group LLC now owns 549,902 shares of the company’s stock valued at $7,341,000 after buying an additional 513,719 shares in the last quarter. Davidson Kempner Capital Management LP lifted its stake in shares of Caesars Entertainment by 267.9% during the 3rd quarter. Davidson Kempner Capital Management LP now owns 1,655,745 shares of the company’s stock valued at $22,104,000 after buying an additional 1,205,745 shares in the last quarter. Cowen Inc. purchased a new position in shares of Caesars Entertainment during the 3rd quarter valued at $334,000. Graham Capital Management L.P. purchased a new position in shares of Caesars Entertainment during the 3rd quarter valued at $763,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Caesars Entertainment during the 3rd quarter valued at $3,095,000. Institutional investors own 20.47% of the company’s stock.

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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.

Analyst Recommendations for Caesars Entertainment (NASDAQ:CZR)

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