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Barrington Sticks to Its Buy Rating for National Cinemedia (NCMI)

Barrington analyst James Goss reiterated a Buy rating on National Cinemedia (NCMIResearch Report) today and set a price target of $3.50. The company’s shares closed last Friday at $1.77.

According to TipRanks, Goss is an analyst with an average return of -2.3% and a 42.36% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Warner Bros, and Clear Channel Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for National Cinemedia with a $3.00 average price target.

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The company has a one-year high of $3.75 and a one-year low of $0.88. Currently, National Cinemedia has an average volume of 1.73M.

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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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