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Barclays Sticks to Its Buy Rating for Six Flags Entertainment Corporation (FUN)

Tipranks - Tipranks - Mon Feb 23, 7:32PM CST

Barclays analyst Brandt Montour maintained a Buy rating on Six Flags Entertainment Corporation on February 20 and set a price target of $22.00. The company’s shares closed last Friday at $18.24.

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Montour covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Vail Resorts, and Norwegian Cruise Line. According to TipRanks, Montour has an average return of 7.5% and a 51.51% success rate on recommended stocks.

In addition to Barclays, Six Flags Entertainment Corporation also received a Buy from Mizuho Securities’s Benjamin Chaiken in a report issued on February 20. However, on the same day, Goldman Sachs maintained a Hold rating on Six Flags Entertainment Corporation (NYSE: FUN).

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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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