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IMAX

Imax

$23.65

-0.15 (-0.63%)

07:32
05/15/18
05/15
07:32
05/15/18
07:32

Imax signs multi-theatre deal with VOX Cinemas in Saudi Arabia

Following the news that Saudi Arabia's Ministry of Culture and Information will be opening up the Kingdom to movie theatres in 2018 for the first time in 35 years, IMAX and VOX Cinemas announced a sales agreement for a minimum of four new IMAX theatres in Saudi Arabia. Four theatres will be added to new multiplexes in Riyadh and other prime locations at some of the Kingdom's most prominent shopping malls including those owned by VOX Cinemas' parent company, Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

  • 15

    May

IMAX Imax
$23.65

-0.15 (-0.63%)

02/28/18
ROTH
02/28/18
DOWNGRADE
ROTH
Neutral
Imax downgraded to Neutral from Buy at Roth Capital
02/28/18
ROTH
02/28/18
DOWNGRADE
Target $22
ROTH
Neutral
Roth Capital downgrades Imax to Neutral on limited growth catalysts
Roth Capital analyst Darren Aftahi downgraded Imax to Neutral from Buy and cut his price target for the shares to $22 from $25.50 following last night's Q4 results. While Imax has taken steps to reduce cost, the underperformance from new initiatives leaves less revenue upside outside of box office outperformance, Aftahi tells investors in a post-earnings research note. The analyst sees limited sales and earnings growth catalysts and prefers to wait for more visibility before getting more constructive on the shares. Imax in afternoon trading is down 9.5%, or $2.20, to $21.05.
04/27/18
BNCH
04/27/18
UPGRADE
BNCH
Buy
Imax upgraded to Buy from Hold at Benchmark
04/27/18
04/27/18
UPGRADE
Target $28

Buy
Imax upgraded to Buy on strong box office expectations at Benchmark
As previously reported, Benchmark analyst Mike Hickey upgraded Imax to Buy from Hold, saying he expects near-term performance to benefit from a strong box office with potential upside versus the consensus led by ongoing cost controls. He also suspects the company could raise its installation guidance for the year, as they did during the same period last year. Hickey set a $28 price target on Imax shares.

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TSLA

Tesla

$299.61

0.56 (0.19%)

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BMI

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KEG

Key Energy

$13.46

-0.18 (-1.32%)

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Basic Energy

$9.44

0.18 (1.94%)

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Key Energy

$13.46

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BAS

Basic Energy

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0.18 (1.94%)

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DAC

Danaos

$1.60

0.05 (3.23%)

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AWK

American Water

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  • 29

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COLD

Americold Realty Trust

$25.25

-0.09 (-0.36%)

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PRNB

Principia Biopharma

$27.34

0.24 (0.89%)

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DCPH

Deciphera

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BPMC

Blueprint Medicines

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SGEN

Seattle Genetics

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LOXO

Loxo Oncology

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INCY

Incyte

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AGIO

Agios Pharmaceuticals

$75.39

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SMLR

Semler Scientific

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CLVS

Clovis

$32.63

0.22 (0.68%)

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SPX

S&P 500

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(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$291.09

-0.94 (-0.32%)

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$0.00

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SPY

SPDR S&P 500 ETF Trust

$291.09

-0.94 (-0.32%)

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TSRO

Tesaro

$36.41

-1.27 (-3.37%)

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