Codere Online Luxembourg (CDRO) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Codere Online Luxembourg in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CDRO shares.
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1 equities research analysts have issued 12-month price targets for Codere Online Luxembourg's shares. Their CDRO share price targets range from $8.00 to $8.00. On average, they anticipate the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
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Codere Online Luxembourg's stock was trading at $2.94 at the beginning of 2024. Since then, CDRO shares have increased by 135.0% and is now trading at $6.91.
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Codere Online Luxembourg saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 207,300 shares, a drop of 7.3% from the March 15th total of 223,600 shares. Based on an average trading volume of 41,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 1.4% of the shares of the company are short sold.
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Codere Online Luxembourg issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $199.1 million-$215.3 million, compared to the consensus revenue estimate of $191.0 million.

Shares of CDRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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