Truist has revised its price target for Six Flags Entertainment (FUN, Financial), lowering it from $52 to $45 while maintaining a Buy rating on the stock. This update is part of a comprehensive review of the Leisure Products, Leisure Facilities, and Recreational Vehicles sectors.
The firm highlights ongoing tariff and economic uncertainties as significant factors contributing to potential volatility in the Recreation & Leisure sector. The recent market selloff has reportedly priced in many of the potential tariff risks, yet Truist cautions investors that there is still a possibility for further declines, estimating a possible downside of 20%-30% if a deeper consumer downturn occurs.
Investors are advised to remain aware of these market dynamics as they consider their positions in the sector, particularly in stocks like Six Flags (FUN, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Six Flags Entertainment Corp (FUN, Financial) is $50.21 with a high estimate of $62.00 and a low estimate of $41.00. The average target implies an upside of 57.36% from the current price of $31.91. More detailed estimate data can be found on the Six Flags Entertainment Corp (FUN) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Six Flags Entertainment Corp's (FUN, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Six Flags Entertainment Corp (FUN, Financial) in one year is $45.23, suggesting a upside of 41.74% from the current price of $31.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Six Flags Entertainment Corp (FUN) Summary page.
