The Marcus Upgraded to Outperform by Zacks (MCS)
The Marcus (NYSE:MCS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday. The firm currently has a $20.90 price target on the stock. Zacks‘s price target points to a potential upside of 7.95% from the company’s current price.
Separately, analysts at Barrington Research initiated coverage on shares of The Marcus in a research note on Tuesday, June 24th. They set an “outperform” rating and a $24.00 price target on the stock.
The Marcus (NYSE:MCS) traded down 1.96% on Tuesday, hitting $18.98. The stock had a trading volume of 72,085 shares. The Marcus has a 1-year low of $12.24 and a 1-year high of $19.50. The stock has a 50-day moving average of $17.43 and a 200-day moving average of $15.57. The company has a market cap of $513.3 million and a P/E ratio of 21.66.
The Marcus Corporation is engaged in two segments: movie theatres, hotels and resorts. As of May 26, 2011, the Company’s theatre operations included 55 movie theatres with 684 screens throughout Wisconsin, Ohio, Illinois, Minnesota, North Dakota, Nebraska and Iowa, including two movie theatres with 11 screens in Wisconsin and Nebraska owned by third parties but managed by it.
To view Zacks’ full report, visit Zacks’ official website.
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