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A Quick Look at Today's Ratings for Caesars Entertainment(CZR.US), With a Forecast Between $47.5 to $59

Futu News ·  Oct 30 21:00  · Ratings

On Oct 30, major Wall Street analysts update their ratings for $Caesars Entertainment (CZR.US)$, with price targets ranging from $47.5 to $59.

J.P. Morgan analyst Joseph Greff maintains with a buy rating, and adjusts the target price from $54 to $58.

BofA Securities analyst Shaun Kelley maintains with a hold rating, and maintains the target price at $47.5.

Barclays analyst Brandt Montour maintains with a buy rating, and adjusts the target price from $59 to $57.

Wells Fargo analyst Daniel Politzer maintains with a buy rating, and maintains the target price at $53.

TD Cowen analyst Lance Vitanza maintains with a buy rating, and maintains the target price at $50.

Furthermore, according to the comprehensive report, the opinions of $Caesars Entertainment (CZR.US)$'s main analysts recently are as follows:

  • The company's various segments are performing according to expectations, with the outlook for Regional operations appearing slightly less favorable and Las Vegas maintaining stability. The Digital segment of the company is showing signs of acceleration.

  • The company's recent quarterly results indicated that Q3 EBITDAR was marginally below estimates, due to underperformance in Las Vegas and Regional operations, slightly counterbalanced by better-than-expected results in Digital. The key insight is that the anticipated positive shift in regional EBITDAR might not materialize by 2025, although the company continues to demonstrate robust free cash flow per share.

Here are the latest investment ratings and price targets for $Caesars Entertainment (CZR.US)$ from 7 analysts:

StockTodayLatestRating_nn_206572_20241030_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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