AMC Entertainment Holdings, Inc – Consensus Indicates Potential -44.8% Downside

Broker Ratings
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AMC Entertainment Holdings, Inc with ticker code (AMC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price ranges between 35.1 and 1 with the average target price sitting at 10.45. Given that the stocks previous close was at 18.94 this indicates there is a potential downside of -44.8%. The 50 day moving average now sits at 21.63 and the 200 moving average now moves to 34.5. The market cap for the company is $9,189m. You can visit the company’s website by visiting: https://www.amctheatres.com

The potential market cap would be $5,070m based on the market concensus.

AMC Entertainment Holdings, through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of February 15, 2022, it operated approximately 950 theatres and 10,500 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.

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