iPic Entertainment Inc (IPIC) Given $16.17 Consensus Target Price by Brokerages

iPic Entertainment Inc (NASDAQ:IPIC) has been given a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.

Brokerages have set a one year consensus target price of $16.17 for the company and are anticipating that the company will post ($0.05) EPS for the current quarter, according to Zacks. Zacks has also assigned iPic Entertainment an industry rank of 183 out of 265 based on the ratings given to its competitors.

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IPIC has been the topic of a number of research analyst reports. Barrington Research restated a “buy” rating and issued a $15.00 target price on shares of iPic Entertainment in a research report on Friday, March 9th. Telsey Advisory Group initiated coverage on shares of iPic Entertainment in a research report on Friday, February 23rd. They issued an “outperform” rating and a $15.50 target price on the stock. Finally, Roth Capital initiated coverage on shares of iPic Entertainment in a research report on Monday, March 5th. They issued a “buy” rating and a $18.00 target price on the stock.

NASDAQ IPIC opened at $11.48 on Monday. iPic Entertainment has a 1 year low of $10.50 and a 1 year high of $17.00.

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iPic Entertainment Company Profile

iPic Entertainment Inc is owns and operates entertainment facilities. The Company is focused on providing casual restaurant, a farm to glass service bar, and theater auditoriums. The Company provides venues for private events, family and business functions and other corporate sponsored events. The Company has three different formats of iPic locations, such as Generation I locations, Generation Ii locations, and Generation III locations.

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