Barrington Keeps Their Buy Rating on AMC Entertainment (AMC)


In a report released today, James Goss from Barrington maintained a Buy rating on AMC Entertainment (AMC), with a price target of $22. The company’s shares opened today at $15.65.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.3% and a 67.4% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AMC Entertainment with a $19.50 average price target, representing a 24.6% upside. In a report issued on February 22, Wedbush also upgraded the stock to Buy with a $22 price target.

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AMC Entertainment’s market cap is currently $1.6B and has a P/E ratio of 20.55. The company has a Price to Book ratio of 1.28.

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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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