Deutsche Bank Keeps Their Buy Rating on Red Rock Resorts (RRR)

Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Red Rock Resorts (RRRResearch Report) today and set a price target of $50.00. The company’s shares closed yesterday at $40.25.

Santarelli covers the Services sector, focusing on stocks such as MGM Resorts, Boyd Gaming, and Light & Wonder. According to TipRanks, Santarelli has an average return of 18.3% and a 56.08% success rate on recommended stocks.

Red Rock Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $44.50.

See today’s best-performing stocks on TipRanks >>

RRR market cap is currently $4.39B and has a P/E ratio of 9.13.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.

Read More on RRR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed