Barrington Remains a Buy on AMC Entertainment (AMC)

Barrington Remains a Buy on AMC Entertainment (AMC)

In a report released today, James Goss from Barrington maintained a Buy rating on AMC Entertainment (AMC). The company’s shares opened today at $16.50.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 16.3% and a 70.3% 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.

Currently, the analyst consensus on AMC Entertainment is a Moderate Buy with an average price target of $19.20, implying a 16.4% upside from current levels. In a report issued on April 8, B.Riley FBR also upgraded the stock to Buy with a $20 price target.

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AMC Entertainment’s market cap is currently $1.71B and has a P/E ratio of 21.88. The company has a Price to Book ratio of 1.22.

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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.

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