How Macquarie Research Currently Rates Six Flags Entertainment (NYSE:SIX)
Analysts at Macquarie Research began coverage for shares of Six Flags Entertainment (NYSE:SIX) in an analyst note announced on 9 December. The brokerage firm set a “Neutral” rating on the $4.81 billion market cap firm.
From a total of 7 analysts covering Six Flags Entertainment (NYSE:SIX) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is $59 while the lowest target price is $49. The mean of all analyst targets is $55.71 with a 6.58% above today’s ($52.31) stock price. Six Flags Entertainment was the topic of 4 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. FBR Capital maintained shares on October 21 with “Mkt Perform” rating. Credit Suisse maintained SIX stock in a recent report from August 28 with “Outperform” rating.
Approximately 538,429 shares of stock traded hands. Six Flags Entertainment Corp (NYSE:SIX) has risen 13.24% since May 6, 2015 and is uptrending. It has outperformed by 14.04% the S&P500.
Six Flags Entertainment Corporation is a regional theme park operator. The company has a market cap of $4.81 billion. The Firm operates 18 regional theme and water parks. It has 44.06 P/E ratio. Of these, 16 are located in the United States, one is located in Mexico City, Mexico and one is located in Montreal, Canada.
According to Zacks Investment Research, “Six Flags Entertainment Corporation owns and operates regional parks. The Company has parks comprised of theme, water and zoological parks offering rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets. The Company holds long-term licenses for theme park usage throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries of certain Warner Bros. and DC Comics characters. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company uses these characters to market its parks and to provide an enhanced family entertainment experience. Six Flags Entertainment Corporation is based in New York, NY.” Get a free copy of the Zacks research report on Six Flags Entertainment Corp (SIX).