Barrington analyst James Goss maintained a Buy rating on IMAX (IMAX) today and set a price target of $24.00. The company’s shares closed last Monday at $17.10, close to its 52-week low of $16.29.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 7.7% and a 57.0% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Lions Gate Ent Cl A, and Sirius XM Holdings.
Currently, the analyst consensus on IMAX is a Strong Buy with an average price target of $22.75, a 33.0% upside from current levels. In a report issued on February 12, B.Riley FBR also reiterated a Buy rating on the stock with a $26.00 price target.
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IMAX’s market cap is currently $1.05B and has a P/E ratio of 34.53. The company has a Price to Book ratio of 1.99.
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IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: Network Business, Theater Business, New Business, and Other.
