Roth MKM Keeps Their Buy Rating on IMAX (IMAX)

Roth MKM analyst Eric Handler maintained a Buy rating on IMAX (IMAX – Research Report) today and set a price target of $36.00. The company's shares closed yesterday at $28.60.
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According to TipRanks, Handler is a 5-star analyst with an average return of 13.5% and a 64.82% success rate. Handler covers the Communication Services sector, focusing on stocks such as IMAX, Cinemark Holdings, and Electronic Arts.
IMAX has an analyst consensus of Strong Buy, with a price target consensus of $32.11.
IMAX market cap is currently $1.47B and has a P/E ratio of 59.53.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IMAX in relation to earlier this year. Last month, Richard Gelfond, the CEO of IMAX sold 100,000.00 shares for a total of $2,711,000.00.

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