Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli reiterated a Buy rating on Caesars (NASDAQ:CZR) Entertainment on Wednesday, setting a price target of $132, which is approximately 17.79% above the present share price of $112.06.
Santarelli expects Caesars Entertainment to post earnings per share (EPS) of $0.34 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Caesars Entertainment, with an average price target of $133.33.
The analysts price targets range from a high of $140 to a low of $125.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.5 billion and a net profit of $662 million. The company's market cap is $23.92 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 64.97% success rate.
Eldorado Resorts (NASDAQ:ERI), Inc. operates as a casino entertainment company. It engages in gaming operations, and manages hotels, restaurants, bars, racing, retail shops, and other services. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of seven properties in Nevada and Colorado. The Midwest segment comprises of dockside and land-based casinos in Iowa and Missouri. The South segment includes dockside casinos in Louisiana and Mississippi, and racino in Florida. The East segment is involved in the operation of racinos located in Pennsylvania, Ohio, and West Virginia; and casinos in Pennsylvania and New Jersey. The Central segment is composed of properties in Indiana, Illinois, and Missouri. The company was founded by Donald Louis Carano in 1973 and is headquartered in Reno, NV.