Wedbush analyst Michael Pachter reiterated a Buy rating on IMAX Corp (IMAX) today and set a price target of $28. The company’s shares closed yesterday at $21.02.
According to TipRanks.com, Pachter has 0 stars on 0-5 star ranking scale with an average return of -3.3% and a 46.3% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, AMC Entertainment, and Best Buy Co.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for IMAX Corp with a $27.50 average price target.
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The company has a one-year high of $27.60 and a one-year low of $17.55. Currently, IMAX Corp has an average volume of 546.7K.
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IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following business segments: Network Business, Theater Business, New Business, and Other.
