Truist has revised its price target for Caesars Entertainment (CZR, Financial), bringing it down to $40 from the previous $48. Despite this adjustment, the firm maintains a Buy rating for the shares. This change reflects the uncertainties surrounding tariff conditions, which have led to a more cautious outlook and a reassessment of coverage estimates.
However, Truist remains optimistic about the gaming industry, considering it one of the strongest segments within a potentially fluctuating consumer sector. This confidence suggests that while the immediate forecast has been adjusted due to external factors, the long-term prospects for companies like Caesars in the gaming sub-sector remain robust.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Caesars Entertainment Inc (CZR, Financial) is $42.93 with a high estimate of $54.00 and a low estimate of $23.00. The average target implies an upside of 60.50% from the current price of $26.75. More detailed estimate data can be found on the Caesars Entertainment Inc (CZR) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Caesars Entertainment Inc's (CZR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Caesars Entertainment Inc (CZR, Financial) in one year is $46.66, suggesting a upside of 74.43% from the current price of $26.75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Caesars Entertainment Inc (CZR) Summary page.
