TipRanksStock Market NewsSIX NewsRosenblatt Securities Sticks to Its Buy Rating for Six Flags (SIX)

Rosenblatt Securities Sticks to Its Buy Rating for Six Flags (SIX)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Buy rating on Six Flags (SIXResearch Report), with a price target of $28.00. The company’s shares closed yesterday at $21.12.

Crockett covers the Services sector, focusing on stocks such as Comcast, Cedar Fair, and Six Flags. According to TipRanks, Crockett has an average return of 4.6% and a 54.09% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Six Flags with a $36.00 average price target, a 70.45% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $38.00 price target.

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The company has a one-year high of $47.24 and a one-year low of $19.80. Currently, Six Flags has an average volume of 3.32M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SIX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Six Flags Entertainment Corp. engages in operating of theme parks. It operates under the brand name Six Flags, which offers state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX.

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