Regal Entertainment Group (RGC) : 7 brokerage houses believe that Regal Entertainment Group (RGC) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Regal Entertainment Group (RGC). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.25.
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 13 equity analysts are currently covering the company. The average price of all the analysts is $23.37 with a standard deviation of $3.55.
Regal Entertainment Group has lost 0.51% in the last five trading days and dropped 10.73% in the last 4 weeks. Regal Entertainment Group is up 3.32% in the last 3-month period. Year-to-Date the stock performance stands at 16.27%. Regal Entertainment Group (NYSE:RGC): stock turned positive on Tuesday. Though the stock opened at $21.56, the bulls momentum made the stock top out at $21.6 level for the day. The stock recorded a low of $21.46 and closed the trading day at $21.47, in the green by 0.09%. The total traded volume for the day was 904,223. The stock had closed at $21.45 in the previous days trading.
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