Berenberg Bank analyst Alex Maroccia maintained a Hold rating on Six Flags (NYSE:SIX) Entertainment Corporation New on Wednesday, setting a price target of $16, which is approximately 17.91% below the present share price of $19.49.
Maroccia expects Six Flags Entertainment Corporation New to post earnings per share (EPS) of -$1.00 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Six Flags, with an average price target of $22.9.
The analysts price targets range from a high of $31 to a low of $14.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $102.5 million and a net profit of -$76.98 million. The company's market cap is $1.63 billion.
According to TipRanks.com, Berenberg Bank analyst Alex Maroccia is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 75.00% success rate.
Six Flags Entertainment Corp. engages in operating of theme parks. It operates under the brand name Six Flags, which offers state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX.