Analyst Rating Update on Six Flags Entertainment Corporation New (SIX)

Six Flags Entertainment Corporation New (SIX) : 9 analysts are covering Six Flags Entertainment Corporation New (SIX) and their average rating on the stock is 1.67, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Six Flags Entertainment Corporation New (SIX) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $68 and the lowest price target forecast is $62. The average forecast of all the analysts is $64.33 and the expected standard deviation is $2.25.

For the current week, the company shares have a recommendation consensus of Buy.


Six Flags Entertainment Corporation New (NYSE:SIX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.29 and $53.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.70, notching a gain of 0.42% for the day. The total traded volume was 1,239,037 . The stock had closed at $54.47 on the previous day.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these, 16 are located in the United States, one is located in Mexico City, Mexico and one is located in Montreal, Canada. Its parks generally offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The Companys parks offer approximately 800 rides, including over 130 roller coasters. Its parks include Six Flags America, Six Flags Discovery Kingdom, Six Flags Fiesta Texas, Six Flags Great Adventure & Safari, Six Flags Great America, Six Flags St. Louis, Six Flags Magic Mountain, Six Flags Mexico, Six Flags New England, Six Flags Over Georgia, Six Flags Whitewater Atlanta, Six Flags Over Texas, La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.

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