Zacks: IPic Entertainment (IPIC) Receives Consensus Rating of “Strong Buy” from Brokerages

Shares of IPic Entertainment (NASDAQ:IPIC) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $16.17 for the company and are expecting that the company will post ($0.05) EPS for the current quarter, according to Zacks. Zacks has also given IPic Entertainment an industry rank of 185 out of 265 based on the ratings given to its competitors.

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IPIC has been the topic of several recent research reports. Barrington Research initiated coverage on shares of IPic Entertainment in a report on Thursday, February 22nd. They set an “outperform” rating and a $15.00 price objective on the stock. Telsey Advisory Group initiated coverage on shares of IPic Entertainment in a report on Friday, February 23rd. They set an “outperform” rating and a $15.50 price objective on the stock. Finally, Roth Capital initiated coverage on shares of IPic Entertainment in a report on Monday, March 5th. They set a “buy” rating and a $18.00 price objective on the stock.

NASDAQ IPIC traded up $0.14 during trading on Monday, hitting $10.89. 1,533 shares of the company’s stock traded hands, compared to its average volume of 18,093. IPic Entertainment has a 12-month low of $10.50 and a 12-month high of $17.00.

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About IPic Entertainment

iPic Entertainment Inc operates restaurants and theaters in the United States. The company operates a casual restaurant, a farm-to-glass full-service bar, and theater auditoriums with in-theater dining under the City Perch Kitchen + Bar, Tanzy, The Tuck Room, The Tuck Room Tavern, and iPic Express brands.

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