AMC Entertainment (AMC) Gets a Buy Rating from Barrington

Barrington analyst James Goss maintained a Buy rating on AMC Entertainment (AMCResearch Report) today. The company’s shares closed last Monday at $9.75, close to its 52-week low of $8.73.

According to, Goss is a 4-star analyst with an average return of 6.5% and a 53.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AMC Entertainment with a $15.63 average price target, representing a 59.2% upside. In a report issued on October 15, Macquarie also maintained a Buy rating on the stock with a $16.00 price target.

See today’s analyst top recommended stocks >>

Based on AMC Entertainment’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $49.4 million. In comparison, last year the company had a GAAP net loss of $100 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.