Barclays Remains a Buy on Six Flags Entertainment Corporation (FUN)
In a report released yesterday, Brandt Montour from Barclays maintained a Buy rating on Six Flags Entertainment Corporation, with a price target of $14.77. The company’s shares closed yesterday at $14.77.
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According to TipRanks, Montour is a 4-star analyst with an average return of 8.6% and a 52.70% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as Caesars Entertainment, MGM Resorts, and PENN Entertainment.
Currently, the analyst consensus on Six Flags Entertainment Corporation is a Moderate Buy with an average price target of $24.16, a 63.57% upside from current levels. In a report released on December 2, Truist Financial also upgraded the stock to a Buy with a $23.00 price target.
Based on Six Flags Entertainment Corporation’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $1.32 billion and a GAAP net loss of $1.19 billion. In comparison, last year the company earned a revenue of $1.35 billion and had a net profit of $135.47 million
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