B.Riley FBR Reiterates a Buy Rating on AMC Entertainment (AMC)


In a report released today, Eric Wold from B.Riley FBR reiterated a Buy rating on AMC Entertainment (AMC), with a price target of $20. The company’s shares closed yesterday at $16.59.

According to TipRanks.com, Wold ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.1% and a 41.6% success rate. Wold covers the Services sector, focusing on stocks such as Reading International Inc, Cinemark Holdings Inc, and National Cinemedia.

AMC Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $19.20, a 15.7% upside from current levels. In a report issued on April 16, Barrington also maintained a Buy rating on the stock.

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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 1.53M.

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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.

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