Barrington Keeps a Buy Rating on AMC Entertainment (AMC)


In a report released today, James Goss from Barrington maintained a Buy rating on AMC Entertainment (AMC), with a price target of $16.00. The company’s shares closed last Monday at $9.50, close to its 52-week low of $8.73.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 7.9% and a 57.2% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Lions Gate Ent Cl A.

AMC Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $15.11, a 58.4% upside from current levels. In a report issued on November 8, B.Riley FBR also reiterated a Buy rating on the stock with a $19.00 price target.

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The company has a one-year high of $17.07 and a one-year low of $8.73. Currently, AMC Entertainment has an average volume of 2.15M.

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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 company was founded on June 6, 2007 and is headquartered in Leawood, KS.

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