B.Riley Financial Reaffirms Their Buy Rating on Marcus (MCS)


B.Riley Financial analyst Eric Wold reiterated a Buy rating on Marcus (MCS) today and set a price target of $25.00. The company’s shares closed last Wednesday at $18.65.

According to TipRanks.com, Wold is a 5-star analyst with an average return of 28.5% and a 62.3% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marcus with a $25.00 average price target, implying a 24.9% upside from current levels. In a report released yesterday, Barrington also reiterated a Buy rating on the stock with a $26.00 price target.

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The company has a one-year high of $24.71 and a one-year low of $6.84. Currently, Marcus has an average volume of 483.1K.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MCS in relation to earlier this year. Most recently, in March 2021, Douglas Neis, the CFO & Treasurer of MCS bought 54,000 shares for a total of $664,680.

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.

Marcus Corp. engages in operating movie theatres, hotels, and resorts. It operates through the following business segments: Theatres and Hotels & Resorts. The Theatres segment includes multiscreen motion picture theatres and a family entertainment center. The Hotels & Resorts segment owns and operates full service hotels and resorts. The company was founded by Ben Marcus on November 1, 1935 and is headquartered in Milwaukee, WI.

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