Cineplex Inc. (TSE:CGX - Get Free Report) has been given an average rating of "Buy" by the six research firms that are covering the stock, MarketBeat reports. Six analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have covered the stock in the last year is C$18.79.
Several research firms have issued reports on CGX. National Bankshares cut their price target on Cineplex from C$15.00 to C$13.50 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Royal Bank of Canada boosted their price target on Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Finally, Canaccord Genuity Group dropped their price objective on Cineplex from C$14.00 to C$11.00 in a research note on Thursday, April 10th.
Read Our Latest Analysis on Cineplex
Cineplex Stock Performance
TSE:CGX traded down C$0.06 during mid-day trading on Thursday, hitting C$11.72. 131,766 shares of the company traded hands, compared to its average volume of 269,685. The stock's fifty day moving average price is C$9.91 and its 200-day moving average price is C$10.73. Cineplex has a one year low of C$7.10 and a one year high of C$13.09. The company has a quick ratio of 0.22, a current ratio of 0.43 and a debt-to-equity ratio of -4,623.78. The firm has a market cap of C$740.14 million, a price-to-earnings ratio of -19.72, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74.
Cineplex Company Profile
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Get Free ReportCineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.
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