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Stock analysts at Topeka Capital Markets started coverage on shares of Carmike Cinemas (NASDAQ:CKEC) in a report issued on Wednesday, reports. The firm set a “buy” rating on the stock.

Shares of Carmike Cinemas (NASDAQ:CKEC) opened at 28.43 on Wednesday. Carmike Cinemas has a 1-year low of $14.95 and a 1-year high of $29.07. The stock’s 50-day moving average is $27.35 and its 200-day moving average is $23.27. The company has a market cap of $655.1 million and a price-to-earnings ratio of 5.55.

A number of other firms have also recently commented on CKEC. Analysts at Benchmark Co. initiated coverage on shares of Carmike Cinemas in a research note on Tuesday, January 7th. They set a “buy” rating and a $33.01 price target on the stock. Analysts at B. Riley raised their price target on shares of Carmike Cinemas from $29.00 to $34.00 in a research note on Monday, December 23rd. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $25.98.

Carmike Cinemas, Inc is a motion picture exhibitors in the United States. As of December 31, 2011, the Company owned, operated or had an interest in 237 theatres with 2,254 screens located in 35 states.

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