2024.07.17
pechanga resort casino zoominfoCount Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). With Caesars stock having surged from around in early August, it’s not surprising that one of the analyst’s primary concerns is valuation.Valuation (is) largely reflective, given higher financial risk,” said Grambling in a note to clients.He notes the stock trades at 7.9x earnings before interest, taxes, depreciation and amortization (EBITDA). ble games cannot be put into use unless physical barriers are in place between players.boulder station casino henderson nvThe higher financial risk of which the Goldman analyst speaks is the .7 billion in debt the Bally’s operator carries as of June 30. ble games cannot be put into use unless physical barriers are in place between players.Count Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). desert diamond casino mask policy bellagio casino floor mapfree online poker sites for funCount Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). This area is dubbed the Fremont Street Experience.Vegas Vickie’s MarriageAfter Circa posted a picture on Instagram this wCount Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). sunset station casino vegasBut today wasn’t a typical dayfree blazing 7 casino slots for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. ble games cannot be put into use unless physical barriers are in place between players.But that wasn’t the case Monday. hallmark casino 300 free chip four winds hartford casinois encore casino for saleThe casino later became a strip club, but the sign remained at that site until 2017.That’s when Circa owner Derek Stevens had the sign removed to make way for the construction of his new resort on that block. But a couple of others in addition to Grambling rate it a “hold.” The Goldman analysts price forecast isn’t far off the Wall Street consensus of .67.In addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. That could come before the end of 2020 and would likely be a positive catalyst for the stock.The bulk of the analysts covering Caesars stock have “buy” ratings. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. But that wasn’t the case Monday. drake casino legit find free casino slot games |