After RBC Capital and Imperial Capital gave Cinemark Holdings Inc (NYSE: CNK) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Eric Wold reiterated a Buy rating on Cinemark Holdings Inc yesterday and set a price target of $48. The company’s shares closed yesterday at $35.81.
According to TipRanks.com, Wold is a 5-star analyst with an average return of 8.9% and a 58.9% success rate. Wold covers the Services sector, focusing on stocks such as Reading International Inc, National Cinemedia, and AMC Entertainment.
Cinemark Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $45.20, a 26.2% upside from current levels. In a report released yesterday, Barrington also maintained a Buy rating on the stock with a $47 price target.
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The company has a one-year high of $44.00 and a one-year low of $32.03. Currently, Cinemark Holdings Inc has an average volume of 1.12M.
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Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibition through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.
