Deutsche Bank Maintains Buy Rating for Six Flags Entertainment: Here's What You Need To Know

Deutsche Bank has decided to maintain its Buy rating of Six Flags Entertainment SIX and raise its price target from $36.00 to $38.00.

Shares of Six Flags Entertainment are trading up 4.73% over the last 24 hours, at $27.88 per share.

A move to $38.00 would account for a 36.3% increase from the current share price.

About Six Flags Entertainment

Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.