Cedar Fair (FUN) Receives a Buy from B.Riley FBR

B.Riley FBR analyst Eric Wold reiterated a Buy rating on Cedar Fair (FUNResearch Report) today and set a price target of $60.00. The company’s shares closed last Monday at $55.16.

According to TipRanks.com, Wold is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.2% and a 36.2% success rate. Wold covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cedar Fair with a $62.50 average price target.

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The company has a one-year high of $64.86 and a one-year low of $45.58. Currently, Cedar Fair has an average volume of 459.9K.

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Cedar Fair LP engages in the operation of amusement parks, outdoor and indoor water parks, and hotels. Its amusement parks include Cedar Point, Kings Island, Canada’s Wonderland, Dorney Park and Wildwater Kingdom, Valleyfair, Kings Dominion, Worlds of Fun, Knott’s Berry Farm, and California’s Great America.