AMC Entertainment Receives a Buy from Stifel Nicolaus

By Carrie Williams

Stifel Nicolaus analyst Ben Mogil reiterated a Buy rating on AMC Entertainment (NYSE: AMC) today and set a price target of $36. The company’s shares opened today at $32.35, close to its 52-week high of $32.83.

Mogil has an average return of 3.1% when recommending AMC Entertainment.

According to, Mogil is ranked #2198 out of 4181 analysts.

Currently, the analyst consensus on AMC Entertainment is Strong Buy and the average price target is $37.25, representing a 15.1% upside.

In a report issued on October 25, B. Riley also maintained a Buy rating on the stock with a $37 price target.

AMC Entertainment’s market cap is currently $3.12B and has a P/E ratio of 30. The company has a book value ratio of 2.0121.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMC in relation to earlier this year.

AMC Entertainment Holdings, Inc. is principally involved in the theatrical exhibition business and owns, operates and has interests in theatres primarily located in the United States. The company owns and operates movie theatres, which are primarily located in major metropolitan markets. It offers consumers with a fully immersive out-of-home entertainment experience by featuring a wide array of entertainment alternatives, including popular movies, throughout the day and at different price points. In addition to traditional film programming, the company also offers more diversified programming that includes independent and foreign films, performing arts, music and sports. It also offers food and beverage alternatives beyond traditional concession items, including made-to-order meals, customized coffee, healthy snacks and dine-in theatre options, all designed to create further service and selection for its consumers. AMC Entertainment Holdings was founded on June 6, 2007 and is headquartered in Leawood, MO.