Oppenheimer Believes Six Flags (SIX) Still Has Room to Grow


Oppenheimer analyst Ian Zaffino maintained a Buy rating on Six Flags (NYSE: SIX) today. The company’s shares opened today at $72.76, close to its 52-week high of $72.86.

According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 3.6% and a 56.1% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Wyndham Destinations Inc, and Caesars.

Six Flags has an analyst consensus of Strong Buy, with a price target consensus of $80.

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Based on Six Flags’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $62.35 million. In comparison, last year the company had a GAAP net loss of $57.55 million.

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Six Flags Entertainment Corp. engages in the business of operating regional theme parks. It operates under the brand name Six Flags, which offers thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX.

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