Caesars Entertainment Inc (NASDAQ: CZR) stock closed at $35.56 on 5/31/24 after a major increase of 11.6%. Moreover, exceptionally high trading volume at 605% of normal accompanied the advance. The stock has risen 2.4% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CZR is expected to continue to be an important Value Builder.
Caesars Entertainment has a current Value Trend Rating of F (Lowest Rating). This VT Rating improved modestly in recent days from F previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Caesars Entertainment has a neutral Appreciation Score of 52 but a very low Power Rating of 9, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment