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B.Riley Financial Reaffirms Their Hold Rating on National Cinemedia (NCMI)

In a report released today, Eric Wold from B.Riley Financial maintained a Hold rating on National Cinemedia (NCMIResearch Report), with a price target of $1.50. The company’s shares closed yesterday at $1.78.

According to TipRanks, Wold is a 3-star analyst with an average return of 1.7% and a 44.58% success rate. Wold covers the Services sector, focusing on stocks such as Cedar Fair, National Cinemedia, and Six Flags.

Currently, the analyst consensus on National Cinemedia is a Strong Buy with an average price target of $3.25.

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NCMI market cap is currently $141.4M and has a P/E ratio of (2.63).

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National CineMedia, Inc. is a holding company. It engages in the provision of advertising, business meetings, event services, and third-party theatre circuits under network affiliate agreements. The firm owns and operates the digital in-theatre network, which is used to distribute content for its advertising promotions, Fathom Events. National CineMedia was founded on October 5, 2006 and is headquartered in Centennial, CO.

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