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 Barrington. Analyst James Goss maintained a Buy rating on Cinemark Holdings Inc today and set a price target of $47. The company’s shares opened today at $34.79.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.1% and a 65.7% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.
Currently, the analyst consensus on Cinemark Holdings Inc is a Strong Buy with an average price target of $44.95, implying a 29.2% upside from current levels. In a report issued on August 2, Wedbush also reiterated a Buy rating on the stock with a $43 price target.
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Cinemark Holdings Inc’s market cap is currently $4.2B and has a P/E ratio of 17.01. The company has a Price to Book ratio of 2.88.
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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.
