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Cinemark (NYSE:CNK) target price held steady at $47.00, reported today by Wunderlich Securities

Cinemark (NYSE:CNK) had its target price hold steady to $47.00 by Wunderlich Securities in a report released 10/04/2016. The new target price indicates a possible upside of 0.21% based on the company's last stock close price.

Previously on 8/24/2016, Loop Capital reported about Cinemark (NYSE:CNK) raised the target price from $0.00 to $44.00. At the time, this indicated a possible upside of 0.16%.

Yesterday Cinemark (NYSE:CNK) traded 1.38% higher at $38.81. The company’s 50-day moving average is $38.34 and its 200-day moving average is $36.43. The last stock close price is up 6.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 395,424 shares of the stock were exchanged, down from an avg. volume of 662,381

Performance Chart

Cinemark (NYSE:CNK)

With a total market value of $0, Cinemark has price-earnings ratio of 20.77 with a one year low of $26.56 and a one year high of $39.45 .

A total of 19 equity analysts have released a ratings update on CNK. Four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $39.38.

Brief Synopsis About Cinemark (NYSE:CNK)

Cinemark Holdings, Inc. (Cinemark) is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Curacao and Bolivia. The Company manages its business in two segments: United States markets and international markets. The international segment consists of operations in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia and Curacao. It operates approximately 500 theatres and over 5,800 screens in the United States and Latin America. Its United States circuit has approximately 340 theatres and over 4,510 screens in over 40 states and its international circuit has over 180 theatres and approximately 1,280 screens. It develops platforms for its theatre circuit, such as XD, Movie Bistro, Cinemark Reserve, Luxury Lounger reclining seats, D-BOX seating and CineArts.

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