Caesars Entertainment Corporation (NASDAQ:CZR) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

A number of other research firms have also weighed in on CZR. Zacks Investment Research lowered shares of Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. ValuEngine upgraded Caesars Entertainment Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Instinet started coverage on Caesars Entertainment Corporation in a research report on Friday, October 6th. They issued a “neutral” rating and a $14.00 price target for the company. SunTrust Banks, Inc. started coverage on Caesars Entertainment Corporation in a research report on Friday, September 15th. They issued a “buy” rating and a $14.00 price target for the company. Finally, Imperial Capital started coverage on Caesars Entertainment Corporation in a research report on Wednesday, July 19th. They issued an “outperform” rating and a $15.50 price target for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $14.39.

Caesars Entertainment Corporation (NASDAQ CZR) remained flat at $$12.95 during mid-day trading on Friday. 6,251,319 shares of the company’s stock traded hands, compared to its average volume of 13,644,045. The company has a debt-to-equity ratio of -2.01, a quick ratio of 0.51 and a current ratio of 0.51.

Caesars Entertainment Corporation (NASDAQ:CZR) last posted its earnings results on Thursday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.47). The company had revenue of $1 billion for the quarter, compared to analysts’ expectations of $2.11 billion. analysts anticipate that Caesars Entertainment Corporation will post -1.64 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its position in shares of Caesars Entertainment Corporation by 0.3% during the second quarter. The Manufacturers Life Insurance Company now owns 47,153 shares of the company’s stock worth $566,000 after purchasing an additional 118 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Caesars Entertainment Corporation by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 90,530 shares of the company’s stock worth $1,088,000 after purchasing an additional 1,110 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Caesars Entertainment Corporation by 3.0% during the first quarter. Wells Fargo & Company MN now owns 43,804 shares of the company’s stock worth $418,000 after purchasing an additional 1,273 shares during the last quarter. American International Group Inc. lifted its position in shares of Caesars Entertainment Corporation by 7.1% during the first quarter. American International Group Inc. now owns 34,743 shares of the company’s stock worth $332,000 after purchasing an additional 2,295 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY lifted its position in shares of Caesars Entertainment Corporation by 10.1% during the first quarter. Metropolitan Life Insurance Co. NY now owns 38,533 shares of the company’s stock worth $368,000 after purchasing an additional 3,525 shares during the last quarter. Institutional investors own 76.73% 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 resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.

Analyst Recommendations for Caesars Entertainment Corporation (NASDAQ:CZR)

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