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A Quick Look at Today's Ratings for Cinemark(CNK.US), With a Forecast Between $32 to $36

Futu News ·  Nov 1 21:00  · Ratings

On Nov 01, major Wall Street analysts update their ratings for $Cinemark (CNK.US)$, with price targets ranging from $32 to $36.

Morgan Stanley analyst Benjamin Swinburne maintains with a buy rating, and maintains the target price at $35.

Wells Fargo analyst Omar Mejias maintains with a buy rating, and adjusts the target price from $31 to $35.

Wedbush analyst Alicia Reese downgrades to a hold rating, and maintains the target price at $32.

Benchmark Co. analyst Mike Hickey maintains with a buy rating, and adjusts the target price from $32 to $35.

Barrington analyst James Goss upgrades to a buy rating, and sets the target price at $36.

Furthermore, according to the comprehensive report, the opinions of $Cinemark (CNK.US)$'s main analysts recently are as follows:

  • Cinemark is experiencing market share gains due to strong execution, which is believed to enhance its earnings potential.

Here are the latest investment ratings and price targets for $Cinemark (CNK.US)$ from 6 analysts:

StockTodayLatestRating_nn_205282_20241101_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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