AMC Entertainment (NYSE:AMC) had its price target trimmed by MKM Partners to $15.00 in a research report released on Tuesday morning, The Fly reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also recently issued reports on the company. Loop Capital assumed coverage on AMC Entertainment in a research note on Thursday, January 31st. They set a hold rating and a $15.00 price objective on the stock. Bank of America cut AMC Entertainment from a neutral rating to an underperform rating in a research note on Friday, January 25th. B. Riley cut AMC Entertainment from a buy rating to a neutral rating and dropped their price objective for the stock from $29.00 to $17.00 in a research note on Tuesday, January 22nd. Zacks Investment Research lowered AMC Entertainment from a hold rating to a sell rating in a report on Monday, January 21st. Finally, ValuEngine lowered AMC Entertainment from a buy rating to a hold rating in a report on Saturday, November 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $19.22.
Shares of AMC Entertainment stock opened at $13.26 on Tuesday. AMC Entertainment has a 12-month low of $11.66 and a 12-month high of $21.45. The company has a market cap of $1.65 billion, a PE ratio of -14.90, a P/E/G ratio of 4.27 and a beta of 0.98. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 4.27.
About AMC Entertainment
AMC Entertainment Holdings, Inc, through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.
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