Davenport Analysts Initiate Coverage on AMC Networks (AMCX)
Wednesday, August 31, 2021 9:35 AM



Equities research analysts at Davenport initiated coverage on shares of AMC Networks (NASDAQ: AMCX) in a research note to investors on Wednesday. The analysts set a "buy" rating and a $48.00 price target on the stock.

Separately, analysts at Barclays Capital (NYSE: BCS) upgraded shares of AMC Networks from an "underweight" rating to an "equal weight" rating in a research note to investors on Tuesday. They now have a $32.00 price target on the stock. Also, analysts at Bank of America Merrill Lynch initiated coverage on shares of AMC Networks in a research note to investors on Tuesday. They set a "buy" rating and a $42.00 price target on the stock.

Shares of AMC Networks opened at 36.49 on Thursday. AMC Networks has a 52 week low of $29.66 and a 52 week high of $44.21. The stock's 50-day moving average is $35.32 and its 200-day moving average is $35.95. The company has a market cap of $2.614 billion and a price-to-earnings ratio of 25.64.

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