Stifel Nicolaus Cuts Cedar Fair (NYSE:FUN) Price Target to $52.00

Cedar Fair (NYSE:FUNFree Report) had its price target cut by Stifel Nicolaus from $64.00 to $52.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts have also recently weighed in on FUN. UBS Group initiated coverage on shares of Cedar Fair in a research report on Wednesday. They set a “buy” rating and a $49.00 price target on the stock. Barclays began coverage on Cedar Fair in a report on Friday, March 14th. They set an “overweight” rating and a $41.00 target price on the stock. Macquarie restated an “outperform” rating and issued a $55.00 price target on shares of Cedar Fair in a report on Friday, March 7th. Jefferies Financial Group dropped their price target on Cedar Fair from $58.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Mizuho decreased their price objective on Cedar Fair from $54.00 to $49.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, Cedar Fair has an average rating of “Moderate Buy” and a consensus target price of $52.53.

Read Our Latest Research Report on FUN

Cedar Fair Stock Performance

Shares of NYSE:FUN opened at $31.82 on Friday. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of -49.72 and a beta of 1.21. The firm’s 50 day simple moving average is $38.95 and its 200 day simple moving average is $42.46. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.40 and a quick ratio of 0.32. Cedar Fair has a fifty-two week low of $28.02 and a fifty-two week high of $58.70.

Cedar Fair Company Profile

(Get Free Report)

Cedar Fair, L.P. owns and operates amusement and water parks, as well as complementary resort facilities. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California's Great America located in Santa Clara, California; Dorney Park in Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St.

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Analyst Recommendations for Cedar Fair (NYSE:FUN)

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