AMC Entertainment (AMC) Receives a Buy from Barrington

By Ryan Adsit

In a report released today, James Goss from Barrington maintained a Buy rating on AMC Entertainment (AMCResearch Report), with a price target of $16. The company’s shares opened today at $12.15.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 9.0% and a 55.4% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AMC Entertainment with a $16.06 average price target, which is a 32.2% upside from current levels. In a report issued on July 31, Wedbush also upgraded the stock to Buy with a $15 price target.

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The company has a one-year high of $20.70 and a one-year low of $8.73. Currently, AMC Entertainment has an average volume of 2.58M.

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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.