Truist Financial Boosts Six Flags Entertainment (NYSE:SIX) Price Target to $24.00
From MarketBeat:
Six Flags Entertainment (NYSE:SIX) had its target price boosted by Truist Financial from $23.00 to $24.00. They have a “hold” rating on the stock, with a potential upside of 3.54% from the stock’s previous close.
Other research firms have also recently remarked on SIX. TheStreet upgraded Six Flags Entertainment from a “d+” to a “c” rating. JPMorgan Chase & Co. began coverage, setting an “underweight” rating and a $16.00 target price. Two analysts have rated the stock as “sell”, three as “hold”, and eight as “buy”.
Shares of Six Flags Entertainment stock traded down $0.51 on Tuesday, hitting $23.18. The company has a market capitalization of $1.94 billion, a PE ratio of 26.13, and a beta of 2.19. The stock has a 1 year low of $18.29 and a high of $31.29.
Six Flags Entertainment last issued its earnings results on Thursday, November 2nd. The company reported $1.32 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.12). The firm had revenue of $547.46 million, versus the consensus estimate of $538.76 million.
Institutional investors have recently bought and sold shares of the business. 99.03% of the stock is owned by hedge funds and other institutional investors.
Six Flags Entertainment Corporation manages regional theme and waterparks under the Six Flags brand. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, merchandise, and other products and services within its parks.
Read more: Truist Financial Boosts Six Flags Entertainment (NYSE:SIX) Price Target to $24.00