Shareholders Elect Four Independent Directors to the Six Flags Board
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
New Board Members Elected: Six Flags Entertainment Corporation announced the election of four new members to its Board of Directors for three-year terms, including Sandra Cochran, Michael Colglazier, Felipe Dutra, and Steven Hoffman.
Shareholder Approvals: The company's shareholders also confirmed Deloitte & Touche LLP as the independent accounting firm and approved a one-year frequency for advisory votes on executive compensation.
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Analyst Views on FUN
Wall Street analysts forecast FUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FUN is 23.48 USD with a low forecast of 14.77 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
2 Hold
1 Sell
Moderate Buy
Current: 18.350
Low
14.77
Averages
23.48
High
35.00
Current: 18.350
Low
14.77
Averages
23.48
High
35.00
About FUN
Six Flags Entertainment Corporation is an amusement-resort operator with approximately 27 amusement parks, 15 water parks and nine resort properties across 17 states in the United States, Canada and Mexico. The Company has a portfolio of intellectual property, such as Looney Tunes, DC Comics and PEANUTS. Its parks are family-oriented, with recreational facilities for people of all ages. The Company's parks include Cedar Point Shores, Valleyfair, Dorney Park, Knott's Berry Farm Soak City, Canada's Wonderland, Kings Dominion, Schlitterbahn Waterpark and Resort New Braunfels, Schlitterbahn Waterpark Galveston, Six Flags Hurricane Harbor Oklahoma City, Six Flags Hurricane Harbor Concord, Six Flags St. Louis, Six Flags Hurricane Harbor Oaxtepec, Six Flags Great Adventure, Six Flags New England, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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