On Nov 02, major Wall Street analysts update their ratings for $Cinemark (CNK.US)$, with price targets ranging from $32 to $35.
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 maintains the target price at $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.
Furthermore, according to the comprehensive report, the opinions of $Cinemark (CNK.US)$'s main analysts recently are as follows:
The company delivered another robust performance with its Q3 EBITDA surpassing consensus estimates by 9%. Analysts believe that Cinemark continues to be a leading choice within the theatre sector, with potential for share outperformance driven by announcements related to capital allocation, box office successes, and enhancements in margins.
Noteworthy execution is contributing to market share gains, and it is believed that Cinemark's operational superiority is enhancing its earnings potential.
Here are the latest investment ratings and price targets for $Cinemark (CNK.US)$ from 4 analysts:
Note:
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