Analyst Price Target is $47.90
▲ +39.81% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Red Rock Resorts in the last 3 months. The average price target is $47.90, with a high forecast of $55.00 and a low forecast of $36.00. The average price target represents a 39.81% upside from the last price of $34.26.
Current Consensus is
The current consensus among 10 contributing investment analysts is to buy stock in Red Rock Resorts. This rating has held steady since September 2021, when it changed from a Hold consensus rating.
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada.