Impact of Brokerage Rating on AMC Networks Inc.(AMCX)

Many AMC Networks Inc.(AMCX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. AMC Networks Inc was Initiated by Deutsche Bank on Feb 10, 2017 to Hold, Price Target of the shares are set at $64.AMC Networks Inc was Reiterated by Stifel on Dec 19, 2016 to Hold, Lowers Price Target to $ 56 from a previous price target of $60 .AMC Networks Inc was Downgraded by MoffettNathanson to Sell on Dec 7, 2016.

Company has reported several Insider transactions to the SEC, on May 26, 2015, James Gallagher (EVP and General Counsel) sold 1,000 shares at 77.49 per share price.On May 7, 2015, Edward A Carroll (Chief Operating Officer) sold 8,250 shares at 79.21 per share price.On Mar 19, 2015, John P Giraldo (Chief Accounting Officer) sold 3,976 shares at 72.18 per share price.

AMC Networks Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $1.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $1.00. The company had revenue of $634.60 million for the quarter, compared to analysts expectations of $657.20 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.

AMC Networks Inc. (NASDAQ:AMCX) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.41 by 17 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

AMC Networks Inc. (NASDAQ:AMCX): 15 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $63.42 in AMC Networks Inc. (NASDAQ:AMCX). However, the stock price could fluctuate by $ 12.49 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $89 price target with the lower price estimate is calculated at $37

AMC Networks Inc. (NASDAQ:AMCX) rose 0.72% or 0.4 points on Tuesday and made its way into the gainers of the day. After trading began at $55.24 the stock was seen hitting $56.51 as a peak level and $55.1 as the lowest level. The stock ended up at $55.9. The daily volume was measured at 832,305 shares. The 52-week high of the share price is $71.31 and the 52-week low is $46.165. The company has a market cap of $3,937 million.

AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the womens network specially devoted to the relationships during lifes defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York.


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