AMC Entertainment (AMC) Received its Third Buy in a Row

After B.Riley FBR and Imperial Capital gave AMC Entertainment (NYSE: AMC) a Buy rating last month, the company received another Buy, this time from Barrington. Analyst James Goss maintained a Buy rating on AMC Entertainment today and set a price target of $20. The company’s shares opened today at $13.32.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 11.9% and a 58.6% success rate. Goss covers the Services sector, focusing on stocks such as Nexstar Media Group Inc, Sirius XM Holdings Inc, and iPic Entertainment Inc.

Currently, the analyst consensus on AMC Entertainment is a Strong Buy with an average price target of $19.17, which is a 43.9% upside from current levels. In a report issued on May 9, Wedbush also upgraded the stock to Buy with a $20 price target.

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The company has a one-year high of $20.70 and a one-year low of $11.66. Currently, AMC Entertainment has an average volume of 1.79M.

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AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.