.png "Credit Suisse Keeps Their Sell Rating on AMC Entertainment (AMC)")
In a report released today, Meghan Durkin from Credit Suisse maintained a Sell rating on AMC Entertainment (AMC), with a price target of $2.00. The company’s shares closed last Friday at $4.41.
According to TipRanks.com, Durkin is ranked #6572 out of 6876 analysts.
AMC Entertainment has an analyst consensus of Hold, with a price target consensus of $4.00.
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Based on AMC Entertainment’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $942 million and GAAP net loss of $2.18 billion. In comparison, last year the company earned revenue of $1.2 billion and had a GAAP net loss of $130 million.
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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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