JP Morgan has downgraded National CineMedia Inc (NDAQ:NCMI) from Overweight to Neutral in a statement released on Friday May 05, 2017.
Recent Performance Chart
National CineMedia Inc has PE ratio of 20.63 with a one year low of $8.34 and a one year high of $16.10 and has a market capitalization of $0.
A total of 10 analysts have released a report on National CineMedia Inc. Four analysts rating the company a strong buy, five analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $18.53.
General Company Details For National CineMedia Inc (NDAQ:NCMI)
National CineMedia, Inc. (NCM, Inc.) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements. It is engaged in the sale of advertising to national, regional and local businesses in First Look, its cinema advertising and entertainment pre-show seen on movie screens across the United States It also sells advertising on its Lobby Entertainment Network (LEN), a series of screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. The Company sells online and mobile advertising through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater. In-theater advertising and entertainment content is distributed across NCM LLC's national theater network.
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