Barrington Stick to Their Buy Rating for Cinemark Holdings Inc

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Barrington analyst James Goss reiterated a Buy rating on Cinemark Holdings (NYSE:CNK) Inc on Tuesday, setting a price target of $20, which is approximately 65.15% above the present share price of $12.11.

Goss expects Cinemark Holdings Inc to post earnings per share (EPS) of -$1.45 for the third quarter of 2020.

The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Cinemark Holdings, with an average price target of $16.82.
The analysts price targets range from a high of $23 to a low of $12.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $8.97 million and a net profit of -$194.31 million. The company’s market cap is $1.43 billion.

According to TipRanks.com, Barrington analyst James Goss is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.3% and a 41.74% success rate.

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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