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CINEMARK HOLDINGS INC. (CNK) [hlAlert]

Rating:
Buy CNK
up 26.65 %

CINEMARK HOLDINGS INC. (CNK) rated Buy with price target $32 by Ascendiant Capital Markets

Posted on: Wednesday,  Jul 10, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy CINEMARK HOLDINGS INC. (NYSE: CNK) on 07/10/2013, when the stock price was $28.59.
Since then, CINEMARK HOLDINGS INC. has gained 26.65% as of 01/27/2016's recent price of $36.21.
If you would have followed this Ascendiant Capital Markets's recommendation on CNK, you would have gained 26.65% of your investment in 931 days.

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.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 8:25 AM Buy
None
28.59 32.00
as of 12/13/2013
1 Week down  -2.15 %
1 Month down  -3.23 %
3 Months up  5.97 %
1 YTD up  14.20 %

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