B.Riley Financial analyst Eric Wold maintained a Hold rating on AMC Entertainment (AMC) today and set a price target of $3.50. The company’s shares closed last Monday at $2.15, close to its 52-week low of $1.95.
According to TipRanks.com, Wold ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.9% and a 35.1% success rate. Wold covers the Services sector, focusing on stocks such as Dolby Laboratories, National Cinemedia, and Cinemark Holdings.
Currently, the analyst consensus on AMC Entertainment is a Moderate Sell with an average price target of $3.63, a 57.8% upside from current levels. In a report issued on October 20, Barrington also maintained a Hold rating on the stock.
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The company has a one-year high of $10.35 and a one-year low of $1.95. Currently, AMC Entertainment has an average volume of 9.1M.
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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 United States segment involves in the activity in the U.S. specifically in New York, Los Angeles, Chicago, Atlanta, and Washington, D.C..The International Markets segment focuses its operations in the United Kingdom, Germany, Spain, Italy, Ireland, Portugal, Sweden, Finland, Estonia, Latvia, Lithuania, Norway, and Denmark. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.
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