Caesars (CZR) Receives a Hold from Morgan Stanley
Morgan Stanley analyst Thomas Allen maintained a Hold rating on Caesars (CZR) today and set a price target of $10.00. The company’s shares closed last Monday at $6.44.
According to TipRanks.com, Allen is a 1-star analyst with an average return of -2.7% and a 51.1% success rate. Allen covers the Services sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Norwegian Cruise Line.
Caesars has an analyst consensus of Moderate Buy, with a price target consensus of $11.67.
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The company has a one-year high of $14.74 and a one-year low of $3.23. Currently, Caesars has an average volume of 21.1M.
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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. Its brands include Aesars, Harrahs, Horseshoe, Wsop, Linq, Caesars and Paris. The company was founded by William Fisk Harrah in 1937 and is headquartered in Las Vegas, NV.