Equities research analysts at Barclays Capital raised their price target on shares of Caesars Entertainment (NYSE: CZR) from $5.00 to $7.00 in a research note issued to investors on Thursday. The firm currently has an “underweight” rating on the stock.
CZR has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Caesars Entertainment from $11.00 to $12.00 in a research note to investors on Tuesday, February 26th. They now have an “outperform” rating on the stock. Analysts at ISI Group reiterated a “sell” rating on shares of Caesars Entertainment in a research note to investors on Monday, December 17th. They now have a $5.00 price target on the stock.
Caesars Entertainment traded up 1.97% on Thursday, hitting $13.45. Caesars Entertainment has a 52-week low of $4.52 and a 52-week high of $15.74. The stock’s 50-day moving average is currently $10.16. The company’s market cap is $1.685 billion.
Caesars Entertainment last posted its quarterly earnings results on Monday, February 25th. The company reported ($3.75) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.78) by $1.97. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the company posted ($1.76) earnings per share. Caesars Entertainment’s revenue was down 4.3% compared to the same quarter last year. On average, analysts predict that Caesars Entertainment will post $-6.12 earnings per share for the current fiscal year.
Caesars Entertainment Corporation, formerly Harrah’s Entertainment, Inc. is a casino entertainment provider in the world.
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