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Red Rock Resorts Inc has a consensus price target of $57.18 based on the ratings of 17 analysts. The high is $70 issued by Susquehanna on July 24, 2024. The low is $36 issued by Loop Capital on July 11, 2022. The 3 most-recent analyst ratings were released by Mizuho, Macquarie, and Barclays on November 12, 2024, November 8, 2024, and November 8, 2024, respectively. With an average price target of $61 between Mizuho, Macquarie, and Barclays, there's an implied 20.15% upside for Red Rock Resorts Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Red Rock Resorts (NASDAQ:RRR) was reported by Mizuho on November 12, 2024. The analyst firm set a price target for $57.00 expecting RRR to rise to within 12 months (a possible 12.27% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Red Rock Resorts (NASDAQ:RRR) was provided by Mizuho, and Red Rock Resorts reiterated their outperform rating.
The last upgrade for Red Rock Resorts Inc happened on May 13, 2024 when B of A Securities raised their price target to $55. B of A Securities previously had an underperform for Red Rock Resorts Inc.
The last downgrade for Red Rock Resorts Inc happened on July 24, 2024 when Wells Fargo changed their price target from $63 to $64 for Red Rock Resorts Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Rock Resorts, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Red Rock Resorts was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Red Rock Resorts (RRR) rating was a reiterated with a price target of $67.00 to $57.00. The current price Red Rock Resorts (RRR) is trading at is $50.77, which is out of the analyst’s predicted range.
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