Cinemark Holdings Inc Cinemark – Consensus ‘Buy’ rating and -6.2% Downside Potential

Broker Ratings
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Cinemark Holdings Inc Cinemark with ticker code (CNK) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 18 and 11 with the average target price sitting at $15.27. Given that the stocks previous close was at $16.28 this now indicates there is a potential downside of -6.2%. The day 50 moving average is $13.54 and the 200 day moving average is $13.18. The market cap for the company is $2,029m. Company Website: https://ir.cinemark.com

The potential market cap would be $1,903m based on the market consensus.

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of February 24, 20223 it operated 518 theatres with 5,847 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.

The company is not paying dividends at this time.

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