Wall Street is neutral on AMC Entertainment Holdings Inc (AMC). On average, analysts give AMC a Hold rating. The average price target is $8.166, which means analysts expect the stock to lose by -79.06% over the next twelve months.
That average ranking earns AMC an Analyst Rating of 2, which is better than 2% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating AMC a Hold today. Find out what this means to you and get the rest of the rankings on AMC!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With AMC Entertainment Holdings Inc Stock Today?
AMC Entertainment Holdings Inc (AMC) stock is trading at $38.99 as of 1:21 PM on Thursday, Jul 29, a rise of $0.09, or 0.23% from the previous closing price of $38.90. Volume today is low. So far 42,651,158 shares have traded compared to average volume of 117,724,828 shares. The stock has traded between $37.47 and $40.25 so far today.
Click Here to get the full Stock Report for AMC Entertainment Holdings Inc stock.