Six Flags Entertainment (NYSE:SIX) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Six Flags Entertainment (NYSE:SIXFree Report) in a research note released on Friday morning. The brokerage issued a hold rating on the stock.

Other research analysts have also recently issued research reports about the stock. TheStreet raised shares of Six Flags Entertainment from a d+ rating to a c rating in a report on Thursday, November 2nd. Stifel Nicolaus lifted their price objective on shares of Six Flags Entertainment from $30.00 to $32.00 and gave the company a buy rating in a report on Wednesday, November 22nd. KeyCorp cut their price objective on shares of Six Flags Entertainment from $31.00 to $28.00 and set an overweight rating for the company in a report on Monday, November 6th. B. Riley lowered shares of Six Flags Entertainment from a buy rating to a neutral rating and set a $30.00 target price on the stock. in a research report on Monday, February 5th. Finally, Truist Financial lifted their target price on shares of Six Flags Entertainment from $23.00 to $24.00 and gave the company a hold rating in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Six Flags Entertainment presently has an average rating of Hold and a consensus price target of $27.92.

Check Out Our Latest Report on Six Flags Entertainment

Six Flags Entertainment Trading Up 1.1 %

NYSE SIX opened at $25.61 on Friday. The company has a fifty day simple moving average of $24.74 and a two-hundred day simple moving average of $23.53. Six Flags Entertainment has a 12-month low of $18.29 and a 12-month high of $31.29. The stock has a market cap of $2.14 billion, a P/E ratio of 28.78 and a beta of 2.20.

Hedge Funds Weigh In On Six Flags Entertainment

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James & Associates raised its stake in shares of Six Flags Entertainment by 79.3% in the 1st quarter. Raymond James & Associates now owns 41,820 shares of the company’s stock valued at $1,819,000 after acquiring an additional 18,491 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new stake in Six Flags Entertainment during the 1st quarter worth approximately $771,000. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in Six Flags Entertainment during the 1st quarter worth approximately $109,000. MetLife Investment Management LLC increased its stake in Six Flags Entertainment by 37.0% during the 1st quarter. MetLife Investment Management LLC now owns 51,361 shares of the company’s stock worth $2,234,000 after buying an additional 13,860 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Six Flags Entertainment by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,361 shares of the company’s stock worth $1,234,000 after acquiring an additional 2,704 shares in the last quarter. 99.03% of the stock is currently owned by institutional investors and hedge funds.

About Six Flags Entertainment

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Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, beverages, merchandise, and other products and services within its parks.

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Analyst Recommendations for Six Flags Entertainment (NYSE:SIX)

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