Barrington Research Reaffirms “Buy” Rating for iPic Entertainment (NASDAQ:IPIC)

Barrington Research reissued their buy rating on shares of iPic Entertainment (NASDAQ:IPIC) in a research report released on Friday, March 9th. They currently have a $15.00 price objective on the stock.

Several other research analysts have also commented on the company. Telsey Advisory Group started coverage on iPic Entertainment in a report on Friday, February 23rd. They set an outperform rating and a $15.50 price objective for the company. Roth Capital initiated coverage on iPic Entertainment in a research note on Monday, March 5th. They issued a buy rating and a $18.00 target price for the company.

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Shares of IPIC traded down $0.16 during midday trading on Friday, hitting $11.64. 2,795 shares of the company traded hands, compared to its average volume of 21,945. iPic Entertainment has a one year low of $10.50 and a one 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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