China Seen as 45% of IMAX's (IMAX) Revenue Growth By 2015

China is now IMAX's (NYSE: IMAX) fastest growing market and could represent 45 percent of IMAX's total revenue growth by the end of 2015, according to a report by analysts at MKM Partners.

"We see China as a key swing factor in IMAX's ability to meet the 4Q consensus global box office forecast of $140-$145mn. Recent regulatory changes in revenue distribution rules in China should be beneficial to IMAX, especially as it adds more local films to its slate," said analyst Eric Handler.

MKM Partners has a Buy rating on IMAX Corporation with a price target of $27.00.

For an analyst ratings summary and ratings history on IMAX Corporation (NYSE: IMAX) click here. For more ratings news on IMAX Corporation click here.

Shares of IMAX Corporation closed at $21.17 yesterday.

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