ValuEngine upgraded shares of Red Rock Resorts (NASDAQ:RRR) from a hold rating to a buy rating in a research report released on Saturday morning.
Other analysts have also recently issued reports about the company. Zacks Investment Research cut Red Rock Resorts from a strong-buy rating to a hold rating in a report on Wednesday, January 10th. BidaskClub cut Red Rock Resorts from a buy rating to a hold rating in a report on Tuesday, February 13th. JPMorgan Chase & Co. reissued a buy rating and set a $33.00 price objective on shares of Red Rock Resorts in a report on Tuesday, November 28th. Bank of America boosted their price objective on Red Rock Resorts from $26.00 to $30.00 and gave the stock a buy rating in a report on Wednesday, November 8th. Finally, Union Gaming Research cut Red Rock Resorts from a buy rating to a hold rating and dropped their price objective for the stock from $28.00 to $27.00 in a report on Thursday, November 9th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $31.43.
Shares of Red Rock Resorts (NASDAQ RRR) opened at $34.80 on Friday. The firm has a market capitalization of $4,040.00 and a PE ratio of 33.79. Red Rock Resorts has a twelve month low of $20.87 and a twelve month high of $35.77. The company has a current ratio of 1.29, a quick ratio of 1.26 and a debt-to-equity ratio of 4.41.
About Red Rock Resorts
Red Rock Resorts, Inc is a gaming, development and management company. The Company’s segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Red Rock Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Rock Resorts and related companies with MarketBeat.com's FREE daily email newsletter.