Analyst Rating Update on AMC Networks (AMCX)

AMC Networks (NASDAQ:AMCX) has an average broker rating of 1.91, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

AMC Networks (NASDAQ:AMCX) : The most positive equity analysts on AMC Networks (NASDAQ:AMCX) expects the shares to touch $95, whereas, the least positive believes that the stock will trade at $65 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $81.78 with an expected fluctuation of $10.59 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.

AMC Networks (NASDAQ:AMCX): stock turned positive on Tuesday. Though the stock opened at $55.45, the bulls momentum made the stock top out at $56.59 level for the day. The stock recorded a low of $55.32 and closed the trading day at $56.04, in the green by 1.45%. The total traded volume for the day was 815,129. The stock had closed at $55.24 in the previous days trading.

In an insider trading activity, Gallagher James, officer (EVP and General Counsel) of Amc Networks Inc., unloaded 1,000 shares at an average price of $77.49 on May 22, 2015. The total amount of the transaction was worth $77,490, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

AMC Networks Inc. is a holding company, which conducts all of its operations through its majority-owned or controlled subsidiaries. The Company owns and operates various cable television brands. The Company manages its business through two segments: National Networks, which includes five programming networks: AMC, WE tv, BBC AMERICA, IFC, and SundanceTV , which are available to its distributors in high-definition and/or standard-definition formats, and, International and Other, which principally includes AMC Networks International, the Companys international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Companys independent film distribution business; AMC Networks International – DMC (formerly Chello DMC), the broadcast solutions unit of certain networks of AMC Networks International and third party networks; and various developing on-line content distribution initiatives.

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