Following the announcement of 4Q14 and fiscal 2014 results, Wall Street analysts covering Cedar Fair (FUN) have reviewed the company’s results and made their recommendations. Cedar Fair’s 200-day moving average share price is $49.73 with a 52-week high and low of $56.09 and $43.81, respectively.
The above chart shows that all five analysts have rated the stock as buy. Cedar Fair has a consensus rating of buy with a mean price target of ~$60, which is 7% higher than the share price close on February 24, 2014. The highest target price estimate has been put at $61 by FBR Capital Markets, while the lowest price target estimate was calculated at $44 by Hilliard Lyons.
FBR Capital Markets has given an unchanged outperform rating with a revised price target of $61 from $55. Similarly, Credit Suisse (CS) has given an unchanged outperform rating with a revised price target of $60 from $53.
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