Deutsche Bank Believes Caesars (CZR) Won’t Stop Here
In a report released yesterday, Carlo Santarelli from Deutsche Bank maintained a Buy rating on Caesars (CZR), with a price target of $13. The company’s shares closed yesterday at $11.52, close to its 52-week high of $12.23.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 8.0% and a 56.6% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings Inc, and Marriott International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caesars with a $12.44 average price target.
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The company has a one-year high of $12.23 and a one-year low of $5.84. Currently, Caesars has an average volume of 21.5M.
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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.