Wall Street is positive on Caesars Entertainment Inc (CZR). On average, analysts give CZR a Strong Buy rating. The average price target is $135, which means analysts expect the stock to gain by 42.83% over the next twelve months.
That average ranking earns CZR an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CZR a Strong Buy today. Find out what this means to you and get the rest of the rankings on CZR!
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Caesars Entertainment Inc Stock Today?
Caesars Entertainment Inc (CZR) stock has risen 4.58% while the S&P 500 has fallen -0.08% as of 10:34 AM on Wednesday, Dec 8. CZR is up $4.14 from the previous closing price of $90.38 on volume of 518,175 shares. Over the past year the S&P 500 is up 26.48% while CZR is up 25.57%. CZR lost -$5.44 per share the over the last 12 months.
Click Here to get the full Stock Report for Caesars Entertainment Inc stock.