Goldman Sachs Starts Regal Entertainment (RGC) at Neutral

July 23, 2012 6:54 AM EDT
Get Alerts RGC Hot Sheet
Price: $5.45 +4.01%

Rating Summary:
    5 Buy, 15 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Regal Entertainment (NYSE: RGC) with a Neutral. PT $15.00.

The firm notes revenues is exclusively tied to the US box office where underlying demand is waning and pricing is trending down to half its historic growth rate. That said, the company's 6.3% dividend yield is a distinct positive.

For an analyst ratings summary and ratings history on Regal Entertainment click here. For more ratings news on Regal Entertainment click here.

Shares of Regal Entertainment closed at $13.35 yesterday.


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