AMC Entertainment (AMC) Declares $0.20 Quarterly Dividend; 2.7% Yield
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B. Riley Raises Price Target on AMC Entertainment (AMC) to $37 Following 1c EPS Miss
July 30, 2015 9:24 AM EDTB. Riley reiterated a Buy rating on AMC Entertainment (NYSE: AMC), and raised the price target to $37.00 (from $35.00), following 2Q15 results. Revenues of $821.1MM exceeded consensus estimates of $810.2MM. AMC reported EPS of $0.45 compared to consensus estimates of $0.46.
Analyst Eric Wold commented, "Although AMC... More
