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CINEMARK HOLDINGS INC. (CNK) [hlAlert]

Rating:
Hold CNK

CINEMARK HOLDINGS INC. (CNK) rated Hold by Stifel Nicolaus

Posted on: Wednesday,  Jul 18, 2012  8:25 AM ET by Stifel Nicolaus

CINEMARK HOLDINGS INC.
(NYSE: CNK) rated Hold by Stifel Nicolaus.

Cinemark Holdings, Inc. is engaged in the motion picture exhibition industry, with theatres in the United States, Canada, Mexico, Argentina, Brazil, Chile, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Colombia. The Company also managed theatres in the United States, Brazil and Colombia during the year ended December 31, 2008. As of December 31, 2008, Cinemark Holdings, Inc. managed its business under two segments: United States markets and international markets. As of December 31, 2008, it operated 429 theatres and 4,783 screens in 38 states, one Canadian province and 12 Latin American countries. Its theatres in the United States are primarily located in mid-sized United States markets, including suburbs of metropolitan areas. During 2008, it acquired two theatres with 28 screens, built 10 theatres with 128 screens and closed six theatres with 68 screens.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 8:25 AM Hold
None
23.85
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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