Digital Cinema Destinations Corp Receives New Coverage from Analysts at Benchmark Co. (DCIN)

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Stock analysts at Benchmark Co. started coverage on shares of Digital Cinema Destinations Corp (NASDAQ:DCIN) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $7.25 price target on the stock. Benchmark Co.’s price target indicates a potential upside of 35.26% from the company’s current price.

DCIN has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Digital Cinema Destinations Corp from an “underperform” rating to a “neutral” rating in a research note on Thursday, March 20th. They now have a $5.60 price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $7.03.

Shares of Digital Cinema Destinations Corp (NASDAQ:DCIN) opened at 5.36 on Friday. Digital Cinema Destinations Corp has a 52 week low of $4.01 and a 52 week high of $6.78. The stock has a 50-day moving average of $5. and a 200-day moving average of $5.5. The company’s market cap is $42.5 million.

Digital Cinema Destinations Corp. operates eight theatres and 73 screens located in Westfield, New Jersey (NASDAQ:DCIN), Cranford, New Jersey (Cranford), Bloomfield, Connecticut (the Bloomfield 8) and five theatres located in central Pennsylvania (Cinema Centers).

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