Why Analysts Recommend a ‘Hold’ for AMC
Following the company’s results, RBC increased the target price for AMC Entertainment stock to $18.00 from $15.00, and Wedbush has revised its price target to $25.00 from $19.00. Currently, the analysts’ 12-month average target price for the company is $19.95, which reflects a 26.7% upside to its stock price on March 5, 2018. AMC Entertainment reported mixed 4Q17 results.