Barrington Maintains a Buy Rating on AMC Entertainment (AMC)


Barrington analyst James Goss maintained a Buy rating on AMC Entertainment (AMC) today and set a price target of $22. The company’s shares opened today at $17.40.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 15.3% and a 71.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, iPic Entertainment 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 $23.80 average price target, implying a 36.8% upside from current levels. In a report issued on October 31, Wedbush also upgraded the stock to Buy with a $25 price target.

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The company has a one-year high of $20.70 and a one-year low of $10.02. Currently, AMC Entertainment has an average volume of 1.86M.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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