Regal Entertainment Group (RGC) : Zacks Investment Research ranks Regal Entertainment Group (RGC) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.33, which indicates as a Buy.
Regal Entertainment Group (RGC) : The highest short term price target forecast on Regal Entertainment Group (RGC) is $31 and the lowest target price is $18. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $23.41 with a standard deviation of $3.71.
Also, Loop Capital initiates coverage on Regal Entertainment Group (NYSE:RGC). According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on August 24, 2016.
Regal Entertainment Group (NYSE:RGC): After opening at $21.33, the stock dipped to an intraday low of $21.18 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $21.72 and the buying power remained strong till the end. The stock closed at $21.67 for the day, a gain of 1.31% for the day session. The total traded volume was 898,792. The stocks close on the previous trading day was $21.39.
Regal Entertainment Group (Regal) operates a theatre circuit in the United States. The Companys theatre circuit consists of around 7,367 screens in 574 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia. It operates multi-screen theatres and has an average of around 12.8 screens per location. The Company develops, acquires and operates multi-screen theatres in mid-sized metropolitan markets and suburban growth areas of metropolitan markets throughout the United States. The Company is the parent company of Regal Entertainment Holdings, Inc. (REH), which is the parent company of Regal Cinemas Corporation (Regal Cinemas) and its subsidiaries that include Regal Cinemas, Inc. (RCI), Edwards Theatres, Inc. (Edwards), Regal CineMedia Corporation (RCM) and United Arti