CDRO stock icon

Codere Online
CDRO

$8.09
1.25%
 

About: Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Employees: 255

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

119% more capital invested

Capital invested by funds: $13.7M [Q4 2023] → $30.1M (+$16.3M) [Q1 2024]

33% more funds holding

Funds holding: 6 [Q4 2023] → 8 (+2) [Q1 2024]

0.64% less ownership

Funds ownership: 10.29% [Q4 2023] → 9.66% (-0.64%) [Q1 2024]

75% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 4

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$8
1%
downside
Avg. target
$8.50
5%
upside
High target
$9
11%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Jeffrey Stantial
11%upside
$9
Buy
Maintained
16 May 2024
Stifel
Jeffrey Stantial
1%downside
$8
Buy
Maintained
1 Mar 2024

Financial journalist opinion

Based on 3 articles about CDRO published over the past 30 days