Wedbush downgraded Six Flags Entertainment Corp (NYSE:SIX) to Neutral in a statement released earlier today.
- Updated: September 24, 2016
Wedbush has downgraded Six Flags Entertainment Corp (NYSE:SIX) to Neutral in a statement released on 9/23/2016.
Having a price of $53.72, Six Flags Entertainment Corp (NYSE:SIX) traded -0.02% lower on the day. With the last stock price close down -3.73% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. SIX has recorded a 50-day moving average of $51.05 and a 200-day moving average of $55.80. 1,156,992 shares of the stock were exchanged, down from an average trading volume of 1,250,510
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Six Flags Entertainment Corp has a 52 week low of $44.04 and a 52 week high of $62.69 with a P/E ratio of 30.38 The company’s market cap is currently $0.
A total of 10 firms have reported on the stock. Five equity analysts rating the company a strong buy, two equity analysts rating the company a buy, four analysts rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $60.65.
More About Six Flags Entertainment Corp (NYSE:SIX)
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 20 regional theme and water parks. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land. Its parks are located in geographically diverse markets across North America. Its parks offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. Its parks offer approximately 830 rides, including over 130 roller coasters. The Company's parks include Six Flags America, Six Flags Discovery Kingdom, Six Flags Fiesta Texas, Six Flags Great Adventure & Safari/ Six Flags Hurricane Harbor, Six Flags Great America, Six Flags St. Louis, Six Flags Magic Mountain/ Six Flags Hurricane Harbor, Six Flags Mexico and Six Flags New England.
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