Analyst Price Target is $2.40
▲ +65.52% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Reading International in the last 3 months. The average price target is $2.40, with a high forecast of $2.40 and a low forecast of $2.40. The average price target represents a 65.52% upside from the last price of $1.45.
Current Consensus is
Hold
The current consensus among 1 polled investment analysts is to hold stock in Reading International. This Hold consensus rating has held steady for over two years.
Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas. This segment operates its cinema exhibition businesses under the Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema by Angelika, Angelika Anywhere, Event Cinemas, and Rialto Cinemas brands. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York.
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