Analysts at SunTrust Banks, Inc. began coverage on shares of Caesars Entertainment Corporation (NASDAQ:CZR) in a research report issued to clients and investors on Friday, The Fly reports. The firm set a “buy” rating on the stock.

A number of other research analysts have also commented on CZR. Oppenheimer Holdings, Inc. started coverage on Caesars Entertainment Corporation in a research report on Thursday, June 1st. They set an “outperform” rating and a $15.00 price target for the company. CIBC started coverage on Caesars Entertainment Corporation in a research report on Thursday, June 1st. They set an “outperform” rating and a $15.00 price target for the company. ValuEngine raised Caesars Entertainment Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, Imperial Capital started coverage on Caesars Entertainment Corporation in a research report on Wednesday, July 19th. They set an “outperform” rating and a $15.50 price target for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $14.58.

Shares of Caesars Entertainment Corporation (NASDAQ:CZR) opened at 11.80 on Friday. Caesars Entertainment Corporation has a 1-year low of $6.61 and a 1-year high of $13.45. The company’s 50-day moving average price is $11.79 and its 200 day moving average price is $11.18. The firm’s market cap is $1.76 billion.

Caesars Entertainment Corporation (NASDAQ:CZR) last released its quarterly earnings results on Thursday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.47). The business had revenue of $1 billion during the quarter, compared to analyst estimates of $2.11 billion. On average, analysts predict that Caesars Entertainment Corporation will post $0.06 EPS for the current year.

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Several hedge funds have recently bought and sold shares of CZR. Gargoyle Investment Advisor L.L.C. grew its holdings in shares of Caesars Entertainment Corporation by 19.2% during the 4th quarter. Gargoyle Investment Advisor L.L.C. now owns 72,624 shares of the company’s stock worth $573,000 after acquiring an additional 11,691 shares during the period. TFS Capital LLC grew its holdings in shares of Caesars Entertainment Corporation by 156.6% during the 4th quarter. TFS Capital LLC now owns 571,654 shares of the company’s stock worth $4,510,000 after acquiring an additional 348,865 shares during the period. California Public Employees Retirement System grew its holdings in shares of Caesars Entertainment Corporation by 22.9% during the 4th quarter. California Public Employees Retirement System now owns 293,600 shares of the company’s stock worth $2,317,000 after acquiring an additional 54,700 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in shares of Caesars Entertainment Corporation by 10.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 267,760 shares of the company’s stock worth $2,113,000 after acquiring an additional 24,518 shares during the period. Finally, Tappan Street Partners LLC purchased a new position in shares of Caesars Entertainment Corporation during the 4th quarter worth approximately $1,009,000. Hedge funds and other institutional investors own 76.68% of the company’s stock.

About Caesars Entertainment Corporation

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.

The Fly

Analyst Recommendations for Caesars Entertainment Corporation (NASDAQ:CZR)

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