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Barrington Keeps Their Buy Rating on National Cinemedia (NCMI)

Tipranks - Tue Jan 27, 7:13AM CST

Barrington analyst Patrick Sholl maintained a Buy rating on National Cinemedia today and set a price target of $5.50.

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Sholl covers the Communication Services sector, focusing on stocks such as Warner Bros, Nexstar Media Group, and Marcus. According to TipRanks, Sholl has an average return of 5.7% and a 39.17% success rate on recommended stocks.

Currently, the analyst consensus on National Cinemedia is a Moderate Buy with an average price target of $5.17.

Based on National Cinemedia’s latest earnings release for the quarter ending September 25, the company reported a quarterly revenue of $63.4 million and a net profit of $1.6 million. In comparison, last year the company earned a revenue of $62.4 million and had a GAAP net loss of $3.6 million

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