B.Riley FBR Sticks to Their Buy Rating for IMAX (IMAX)

By Carrie Williams

B.Riley FBR analyst Eric Wold maintained a Buy rating on IMAX (IMAXResearch Report) today and set a price target of $30.00. The company’s shares closed last Monday at $18.29, close to its 52-week low of $17.92.

According to TipRanks.com, Wold is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.9% and a 37.0% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.

Currently, the analyst consensus on IMAX is a Strong Buy with an average price target of $27.60.

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The company has a one-year high of $25.75 and a one-year low of $17.92. Currently, IMAX has an average volume of 265.5K.

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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.