Impact of Brokerage Rating on Regal Entertainment Group(RGC)

Many Regal Entertainment Group(RGC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Regal Entertainment Group was Downgraded by Credit Suisse to Underperform on Feb 1, 2017.

Company has reported several Insider transactions to the SEC, on Sep 8, 2016, Gregory W Dunn (President and COO) sold 30,765 shares at 21.75 per share price.On Jun 29, 2016, Peter B Brandow (EVP, General Counsel, Sec.) sold 49,024 shares at 21.51 per share price.On Mar 16, 2016, Amy E Miles (CEO) sold 103,201 shares at 21.02 per share price.

Regal Entertainment Group Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.26. The company had revenue of $812.60 million for the quarter, compared to analysts expectations of $801.88 million. The companys revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.

Regal Entertainment Group (NYSE:RGC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.05 by 14 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Regal Entertainment Group (NYSE:RGC) should head towards $24.3 per share according to 13 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $19 per share. The higher price estimate target is at $31 according to the Analysts.

Regal Entertainment Group (NYSE:RGC) witnessed a decline in the market cap on Tuesday as its shares dropped 1.23% or 0.27 points. After the session commenced at $21.86, the stock reached the higher end at $21.94 while it hit a low of $21.55. With the volume soaring to 1,658,536 shares, the last trade was called at $21.6. The company has a 52-week high of $24.79. The company has a market cap of $3,387 million and there are 156,791,650 shares in outstanding. The 52-week low of the share price is $18.02.

Regal Entertainment Group is a leading motion picture exhibitor operating the largest theatre circuit in the United States. The Companys nationwide theatre circuit is comprised of Regal Cinemas Corporation, United Artists Theatre Company and Edwards Theatres, Inc.


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