AMC Entertainment Price Target Consensus: $5.85
Goldman Sachs Raises Price Target to $17.50
Analysts Optimistic on Future Prospects
A consensus rating of 5 analysts has determined the consensus rating for AMC Entertainment stock over the last year, according to the issued ratings.
Goldman Sachs has given AMC Entertainment NYSE AMC a new price target of $17.50 per share. With 109 rows of data, the average price target is $5.85, with a high forecast of $8.00 and a low forecast of $3.50.
In a research report sent to clients, Goldman Sachs initiated coverage on AMC Entertainment Holdings Inc. NYSE:AMC on Monday with a Buy rating.
Conclusion
The bullish outlook on AMC Entertainment stock is evident in the consensus rating and average price target set by analysts. With Goldman Sachs' recent upgrade to a Buy rating, investors can expect continued positive momentum in the company's share price as it navigates the evolving entertainment landscape.
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