Cinemark Holdings (CNK) Received its Third Buy in a Row

After B.Riley Financial and Benchmark Co. gave Cinemark Holdings (NYSE: CNK) a Buy rating last month, the company received another Buy, this time from Barrington. Analyst James Goss reiterated a Buy rating on Cinemark Holdings today and set a price target of $26.00. The company’s shares closed last Friday at $16.52.

According to TipRanks.com, Goss has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.1% and a 38.6% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Paramount Global Class B, and Clear Channel Outdoor.

Cinemark Holdings has an analyst consensus of Strong Buy, with a price target consensus of $24.50.

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The company has a one-year high of $23.15 and a one-year low of $13.37. Currently, Cinemark Holdings has an average volume of 2.37M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNK in relation to earlier this year.

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Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibition through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.

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