TheStreet upgraded shares of Caesars Entertainment (NASDAQ:CZR) from a d rating to a c rating in a research report released on Thursday.

CZR has been the subject of several other research reports. BidaskClub downgraded shares of Caesars Entertainment from a hold rating to a sell rating in a research report on Tuesday, November 14th. SunTrust Banks reaffirmed an average rating and issued a $16.00 target price on shares of Caesars Entertainment in a research report on Monday, February 5th. Zacks Investment Research raised shares of Caesars Entertainment from a strong sell rating to a hold rating in a research report on Tuesday, January 30th. Nomura raised shares of Caesars Entertainment from a neutral rating to a buy rating in a research report on Wednesday. Finally, ValuEngine downgraded shares of Caesars Entertainment from a hold rating to a sell rating in a research report on Friday, December 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. Caesars Entertainment has a consensus rating of Hold and an average target price of $14.65.

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Shares of Caesars Entertainment (NASDAQ CZR) opened at $12.70 on Thursday. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of -1.69. Caesars Entertainment has a 12-month low of $9.00 and a 12-month high of $14.50. The stock has a market cap of $9,010.00, a price-to-earnings ratio of -0.94 and a beta of 0.35.

A number of institutional investors have recently added to or reduced their stakes in the stock. Green Square Capital LLC bought a new position in Caesars Entertainment in the fourth quarter valued at $127,000. Farmstead Capital Management LLC bought a new position in shares of Caesars Entertainment in the 4th quarter valued at about $20,261,000. MetLife Investment Advisors LLC bought a new position in shares of Caesars Entertainment in the 4th quarter valued at about $802,000. Pacific Grove Capital LP grew its position in shares of Caesars Entertainment by 82.2% in the 4th quarter. Pacific Grove Capital LP now owns 288,536 shares of the company’s stock valued at $3,650,000 after acquiring an additional 130,136 shares during the period. Finally, Sound Point Capital Management LP bought a new position in shares of Caesars Entertainment in the 4th quarter valued at about $14,301,000. 94.59% of the stock is owned by institutional investors and hedge funds.

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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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