Barrington Sticks to Their Hold Rating for National Cinemedia (NCMI)


Barrington analyst James Goss maintained a Hold rating on National Cinemedia (NASDAQ: NCMI) today. The company’s shares closed yesterday at $8.46, close to its 52-week high of $8.88.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.6% and a 67.8% 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 National Cinemedia with a $9.75 average price target, a 15.2% upside from current levels. In a report released today, MKM Partners also maintained a Hold rating on the stock with a $9 price target.

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Based on National Cinemedia’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $4.2 million. In comparison, last year the company had a net profit of $1.5 million.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral 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.

National CineMedia, Inc. is a holding company, which engages in the provision of advertising, business meetings, event services, and third-party theatre circuits under network affiliate agreements. It owns and operates the digital in-theatre network, which is used to distribute content for its advertising promotions, Fathom Events.

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