Alert: Major Price Advance (11/14/23)-AMC Networks Inc (NASDAQ: AMCX).


AMC Networks Inc (NASDAQ: AMCX) stock enjoyed a major increase of 10.0% on 11/14/23. The shares closed at $14.68. The stock has been extremely weak relative to the market over the last nine months but is unchanged during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AMCX is expected to continue to be a major Value Builder.

AMC Networks has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AMC Networks has a very high Appreciation Score of 91 but a poor Power Rating of 23, with the High Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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