According to Bloomberg.com, the thirteen rating agencies currently covering Six Flags Entertainment INC (NYSE: SIX) have given the stock an average rating of “Hold,” indicating that investors should keep their holdings of the stock.

This rating also indicates that investors should not sell the stock.

There have been two recommendations to buy the stock, but seven experts have suggested that one should keep it in their portfolio instead. For the period beginning one year from now, the brokers who published a report on the stock in the previous year have set the average price target at $30.20 per share for the period beginning one year from now.

On Thursday, the cost of purchasing SIX stock was $25.03 per share.

The company’s P/E ratio is currently at 18.96, and its beta value is currently at 2.19.

The market capitalization of the company is currently valued at $2.08 billion at this time.

During the past year, the price of Six Flags Entertainment has fluctuated between $16.83 and $44.82 at various points, with a low of $16.83 and a high of $44.82.

The stock’s moving average over the past 50 days is $27.25; over the past 200 days, it has been trading at $23.58.
Several analysts who primarily work with equity markets published reports on the SIX shares not too long ago. Credit Suisse Group stated they would lower their price target for Six Flags Entertainment to $39.00 in a research report published on November 16. On January 10, Rosenblatt Securities reaffirmed their “buy” rating for the stock of Six Flags Entertainment and increased their price target for the company’s stock from $28.00 to $31.00.

The provided research note included a recommendation to “buy” the company’s shares. Following the publication of a research report by TheStreet on Thursday, March 2, a grade of “C” was assigned to Six Flags Entertainment.

This grade was followed by a rating of “d+,” which was assigned to the company. Citigroup changed its rating for Six Flags Entertainment from “neutral” to “overweight” in a report on the company’s stock released on Friday, March 3.

In addition, the price target they have set for the stock has increased from $27.00 to $30.00.

In the end, Deutsche Bank Aktiengesellschaft increased their price target on Six Flags Entertainment from $29.00 to $36.00 and rated the company as a “buy” in a Monday research report published on Monday, March 6.

The report was made public.
Hedge funds and other institutional investors were active buyers and sellers of SIX shares during the most recent trading period.

During the third quarter, Long Pond Capital LP witnessed a rise of 503.5% in the proportion of Six Flags Entertainment stock it owned.

Long Pond Capital LP now directly owns 4,716,813 shares of the company’s stock, which have a value of $83,488,000 after purchasing an additional 3,935,291 shares of the company’s stock during the quarter.

These shares were acquired for a total cost of $3,935,291. HG To purchase a new stake in Six Flags Entertainment during the third quarter, Vora Capital Management LLC forked over approximately $61,950,000.

BlackRock INC increased its ownership percentage in Six Flags Entertainment by 45.7% during the third quarter of the fiscal year.

BlackRock INC now has 9,918,652 shares of the company’s stock, currently valued at $175,559,000, after purchasing an additional 3,108,978 shares during the period in question.

Land & Buildings Investment Management LLC completed the acquisition of an additional 189.5% of Six Flags Entertainment during the final three months of 2018, bringing its total ownership of the company to 100%.

Land & Buildings Investment Management LLC now owns a total of 2,601,473 shares of the corporation’s stock, which has a value of $60,484,000 after purchasing an additional 1,702,783 shares of the company’s stock during the most recent period.

These shares were purchased during the most recent period.

And finally, during the first three months of the year, Clearbridge Investments LLC increased the number of Six Flags Entertainment shares in its portfolio by 242.2 percent. Clearbridge Investments LLC now owns 2,297,340 shares of the company’s stock, currently valued at $99,934,000, after purchasing an additional 1,625,966 shares during the relevant period. Various institutions own most of the company’s stock (92.1%).

Six Flags Entertainment Corporation is in the business of running amusement parks as its primary revenue source.

It is known as Six Flags, and it gives guests access to a wide variety of entertainment opportunities, such as amusement rides, water attractions, themed zones, concerts, shows, dining establishments, and retail outlets, among other things.

The company was reportedly established in 1961 by Angus G. Wynne Jr., and it currently maintains its operations out of its headquarters in Arlington, Texas.