Shares of AMC Entertainment Holdings Inc. (AMC) recently surpassed the average analyst 12-month target price of $3.12, trading at $3.33 per share. This movement raises questions for analysts about whether to downgrade the stock’s valuation or adjust the target higher based on the company’s fundamentals.
Currently, there are five analysts covering AMC, with target prices ranging from $2.60 to $4.00 and an average standard deviation of $0.521. The breakdown of analyst ratings reveals one “Strong Buy,” five “Hold,” and one “Strong Sell,” yielding an average rating of 3.0 on a scale from 1 (Strong Buy) to 5 (Strong Sell).
