Wedbush Maintains a Buy Rating on Cinemark Holdings Inc (CNK)


Wedbush analyst Michael Pachter maintained a Buy rating on Cinemark Holdings Inc (CNK) today and set a price target of $46. The company’s shares closed on Friday at $41.53.

According to TipRanks.com, Pachter is a 1-star analyst with an average return of 0.0% and a 52.7% success rate. Pachter covers the Services sector, focusing on stocks such as AMC Entertainment, Amazon.com, Inc., and Best Buy Co.

Cinemark Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $46.50.

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Cinemark Holdings Inc’s market cap is currently $4.85B and has a P/E ratio of 22.75. The company has a Price to Book ratio of 3.36.

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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.

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