Merrill Lynch analyst Shaun Kelley maintained a Buy rating on Caesars (NASDAQ: CZR) today and set a price target of $13. The company’s shares opened today at $9.60.
Kelley has an average return of 12.6% when recommending Caesars.
According to TipRanks.com, Kelley is ranked #931 out of 4839 analysts.
Caesars has an analyst consensus of Moderate Buy, with a price target consensus of $13.67, which is a 42.4% upside from current levels. In a report issued on July 23, Oppenheimer also maintained a Buy rating on the stock with a $15 price target.
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The company has a one-year high of $14.50 and a one-year low of $8.55. Currently, Caesars has an average volume of 13.35M.
Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock.
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Caesars Entertainment Corp. is a holding company, which engages in the provision of casino-entertainment and hospitality services. It operates through the following segments: Las Vegas, Other U.S., and All Other. The All Other segment includes managed and international properties as well as other business, such as Caesars Interactive Entertainment.
