Skip to main content

Market Overview

UPDATE: Janco Partners Initiates National CineMedia at Strong Buy on Changing Media Advertising Landscape

Share:

In a report published Monday, Janco Partners analyst Tim Hamby initiated coverage on National CineMedia (NYSE: NCMI) at Strong Buy with a $20 price target.

In the report, Janco Partners stated, "We believe National CineMedia offers investors an attractive opportunity to capitalize on the changing landscape of media advertising,  as we continue to see major shifts in media consumption and advertising. We believe the proliferation of digital platforms and capabilities have had a meaningful negative impact on the effectiveness of the traditional TV advertising model, forcing media buyers to explore alternative media advertising platforms.  National CineMedia is well positioned to capture an increasing percent of advertising budgets as spending continues migrating towards alternative platforms.  The key to National CineMedia’s growth story is quite simply to sell more advertising  units to more clients.  Our optimistic outlook and investment recommendation on National CineMedia, is based on the following considerations, which we believe present upside potential to current trading prices of NCMI."

National CineMedia closed Friday at $15.95.

Latest Ratings for NCMI

DateFirmActionFromTo
Apr 2021BenchmarkUpgradesHoldBuy
Oct 2020MKM PartnersMaintainsNeutral
Sep 2020Barrington ResearchUpgradesMarket PerformOutperform

View More Analyst Ratings for NCMI
View the Latest Analyst Ratings

 

Related Articles (NCMI)

View Comments and Join the Discussion!

Posted-In: Janco Partners Tim HambyAnalyst Color Initiation Analyst Ratings

Latest Ratings

StockFirmActionPT
GDWolfe ResearchDowngrades
QRTEAB of A SecuritiesInitiates Coverage On
ABB of A SecuritiesDowngrades42.0
VCTRB of A SecuritiesUpgrades32.0
BSIGB of A SecuritiesUpgrades27.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com