AMC Networks (NASDAQ:AMCX) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.82 by 11 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Macquarie upgrades its rating on AMC Networks (NASDAQ:AMCX). The shares have been rated Outperform. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on April 26, 2016.
AMC Networks (NASDAQ:AMCX): The mean short term price target for AMC Networks (NASDAQ:AMCX) has been established at $83.22 per share. The higher price target estimate is at $95 and the lower price target estimate is expected at $69 according to 9 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $8.74
AMC Networks (NASDAQ:AMCX) witnessed a decline in the market cap on Tuesday as its shares dropped 1.37% or 0.83 points. After the session commenced at $60.42, the stock reached the higher end at $60.55 while it hit a low of $59.29. With the volume soaring to 1,026,690 shares, the last trade was called at $59.63. The company has a 52-week high of $87.18. The company has a market cap of $4,334 million and there are 72,674,737 shares in outstanding. The 52-week low of the share price is $58.84.
AMC Networks Inc. has lost 0.73% in the last five trading days and dropped 8.91% in the last 4 weeks. AMC Networks Inc. has dropped 8.77% during the last 3-month period . Year-to-Date the stock performance stands at -20.15%.
AMC Networks Inc. is a holding company, which conducts all of its operations through its majority-owned or controlled subsidiaries. The Company owns and operates various cable television brands. The Company manages its business through two segments: National Networks, which includes five programming networks: AMC, WE tv, BBC AMERICA, IFC, and SundanceTV , which are available to its distributors in high-definition and/or standard-definition formats, and, International and Other, which principally includes AMC Networks International, the Companys international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Companys independent film distribution business; AMC Networks International – DMC (formerly Chello DMC), the broadcast solutions unit of certain networks of AMC Networks International and third party networks; and various developing on-line content distribution initiatives.