Analyst Ratings Coverage
B. Riley Financial (Rank#34) has revised its target for AMC’s stock, resulting in a lowered of the 12 month target price in the stock from USD 15 to USD 12. This adjustment suggests a less optimistic outlook for the stock’s future performance. The analyst also maintained the “Neutral” rating on AMC.
AMC Stock Analysis
The AMC Entertainment Holdings Inc stock forecast is derived from analyses conducted by 6 analysts, resulting in an average target price of USD 7.35 for the next 12 months. This average target price indicates the analysts’ consensus on the expected future value of AMC’s stock, suggesting a modest increase over the coming year. However, it’s important to note that this forecast is subject to change based on evolving market conditions and company performance.
The average analyst rating for AMC Entertainment Holdings Inc is categorized as “Under-perform.” This classification implies that, on average, analysts expect the stock to perform below the market or industry benchmarks. This assessment may be influenced by factors such as the company’s financial health, industry trends, or specific challenges it may be facing.
Stock Target Advisor, in its independent analysis, characterizes AMC Entertainment Holdings Inc’s stock as “Slightly Bullish.” This classification is based on a combination of 8 positive signals and 6 negative signals identified by Stock Target Advisor’s analysis tools. Positive signals may include factors like positive earnings reports, favorable industry trends, or strong market sentiment, while negative signals could involve potential risks or challenges faced by the company.
As of the last closing, AMC Entertainment Holdings Inc’s stock price was USD 6.12. Over the past week, the stock experienced a minor change of +0.33%, but it saw a significant decrease of -10.79% over the past month. Notably, over the last year, the stock has demonstrated substantial decline, with a remarkable decrease of -84.96%. This performance over the past year indicates a challenging period for AMC Entertainment Holdings Inc, possibly influenced by various factors, including the impact of the global pandemic on the entertainment industry.
Investors should carefully consider all available information, including analyst forecasts and independent analyses, before making investment decisions. The “Slightly Bullish” rating from Stock Target Advisor, despite the “Under-perform” average analyst rating, highlights the complexity and divergence of opinions in the market.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
