AMC Entertainment (AMC) Received its Third Buy in a Row

After Imperial Capital and Macquarie gave AMC Entertainment (NYSE: AMC) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Eric Wold maintained a Buy rating on AMC Entertainment today and set a price target of $22.00. The company’s shares closed last Monday at $9.17, close to its 52-week low of $8.73.

According to TipRanks.com, Wold is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -7.3% and a 33.8% success rate. Wold covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and Red Lion Hotels.

AMC Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $16.00, a 76.8% upside from current levels. In a report issued on October 7, Imperial Capital also maintained a Buy rating on the stock with a $21.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $20.36 and a one-year low of $8.73. Currently, AMC Entertainment has an average volume of 2.56M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.