AMC Networks Inc (NASDAQ:AMCX) stock price target bumped up to $60.00, reported earlier today by Stifel Nicolaus
- Updated: September 15, 2016
Stating a possible upside of 0.15%, Stifel Nicolaus upped the price target of AMC Networks Inc (NASDAQ:AMCX) to $60
Yesterday AMC Networks Inc (NASDAQ:AMCX) traded 0.10% lower at $51.97. The company’s 50-day average is $54.55 and its 200-day moving average is $60.90. The last close is down 14.66% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was was down over the average, with 587,866 shares of AMCX changing hands under the typical 699,858 shares..
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AMC Networks Inc has a PE of 11 with a 52 week low of $51.27 and a one-year high of $83.78 and has a market capitalization of $0.0.
A total of 16 brokerages have issued a ratings update on the company. Four analysts rate the company a strong buy, eight analysts rate the stock a buy, seven firms rate the company a hold, 0 rate the stock to underperform, and finally 0 analystsrate the company as sell with an average target price of $80.31
General Information About AMC Networks Inc (NASDAQ:AMCX)
AMC Networks Inc. is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. The Company operates through two segments: National Networks, and International and Other. The National Networks segment principally includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada. The International and Other segment principally includes AMC Networks International (AMCNI), the Company’s international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Company’s independent film distribution business; AMCNI- DMC, the broadcast solutions unit of certain networks of AMCNI and third-party networks, and and various developing online content distribution initiatives.
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