Benchmark Co. analyst Mike Hickey assigned a Buy rating to Cinemark Holdings (CNK – Research Report) today and set a price target of $22.00. The company’s shares closed last Friday at $13.78.
Hickey covers the Communication Services sector, focusing on stocks such as Electronic Arts, IMAX, and Roblox. According to TipRanks, Hickey has an average return of -5.5% and a 55.21% success rate on recommended stocks.
Cinemark Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $18.78.
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The company has a one-year high of $19.85 and a one-year low of $8.47. Currently, Cinemark Holdings has an average volume of 3.04M.
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Cinemark Holdings (CNK) Company Description:
Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibition through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.
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