Caesars Entertainment (NYSE:CZR) has been upgraded from Neutral to Outperform in a report by Macquarie Research today.
- Updated: April 20, 2017
Yesterday Caesars Entertainment (NYSE:CZR) traded 3.66% higher at $9.60. The company’s 50-day moving average is $9.49 and its 200-day moving average is $8.42. The last closing price is up 17.52% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 167,917 shares of the stock traded hands, down from an average trading volume of 809,497
Macquarie Research has upgraded Caesars Entertainment (NYSE:CZR) from Neutral to Outperform in a report released on Thursday April 20, 2017.
Previously on 12/14/2015, Barclays Capital reported on Caesars Entertainment (NYSE:CZR) reduced the target price from $11.00 to $9.00. At the time, this indicated a possible upside of 0.20%.
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Caesars Entertainment has a 52 week low of $5.39 and a 52 week high of $10.84 The company’s market cap is currently $0.
General Information About Caesars Entertainment (NYSE:CZR)
Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company's segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company's facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. As of December 31, 2016, the Company, through its consolidated entities, owned 12 casinos in the United States, with over one million square feet of gaming space and approximately 24,000 hotel rooms. As of December 31, 2016, CERP owned six casinos in the United States and The LINQ promenade along with leasing Octavius Tower at Caesars Palace Las Vegas (Octavius Tower) to Caesars Entertainment Operating Company (CEOC) and gaming space at The LINQ promenade to CGP. As of December 31, 2016, CGP owned six casinos in the United States.
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