In a report released today, Carlo Santarelli from Deutsche Bank maintained a Buy rating on Caesars Entertainment (CZR – Research Report), with a price target of $64.00. The company’s shares closed today at $38.52.
Santarelli covers the Services sector, focusing on stocks such as Red Rock Resorts, Golden Entertainment, and Boyd Gaming. According to TipRanks, Santarelli has an average return of 16.5% and a 52.89% success rate on recommended stocks.
In addition to Deutsche Bank, Caesars Entertainment also received a Buy from Bank of America Securities’s Shaun Kelley in a report issued yesterday. However, on October 3, Susquehanna maintained a Sell rating on Caesars Entertainment (NASDAQ: CZR).
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The company has a one-year high of $118.95 and a one-year low of $31.31. Currently, Caesars Entertainment has an average volume of 3.63M.
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Eldorado Resorts, Inc. operates as a casino entertainment company. It engages in gaming operations, and manages hotels, restaurants, bars, racing, retail shops, and other services. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of seven properties in Nevada and Colorado. The Midwest segment comprises of dockside and land-based casinos in Iowa and Missouri. The South segment includes dockside casinos in Louisiana and Mississippi, and racino in Florida. The East segment is involved in the operation of racinos located in Pennsylvania, Ohio, and West Virginia; and casinos in Pennsylvania and New Jersey. The Central segment is composed of properties in Indiana, Illinois, and Missouri. The company was founded by Donald Louis Carano in 1973 and is headquartered in Reno, NV.
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