Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Red Rock Resorts Inc (RRR) yesterday and set a price target of $30. The company’s shares closed on Friday at $22.45, close to its 52-week low of $21.20.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 7.2% and a 60.0% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Penn National Gaming.
Red Rock Resorts Inc has an analyst consensus of Moderate Buy, with a price target consensus of $28.60, which is a 27.4% upside from current levels. In a report issued on December 14, Nomura also maintained a Buy rating on the stock with a $29 price target.
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The company has a one-year high of $36.99 and a one-year low of $21.20. Currently, Red Rock Resorts Inc has an average volume of 1M.
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Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. It operates through the Las Vegas Operations and Native American Management segments.
