Cineplex Inc. (TSE:CGX - Get Free Report) has earned a consensus recommendation of "Buy" from the six brokerages that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have covered the stock in the last year is C$18.64.
A number of equities research analysts recently commented on the stock. National Bankshares lowered their price objective on shares of Cineplex from C$15.00 to C$13.50 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Canaccord Genuity Group reduced their target price on Cineplex from C$14.00 to C$11.00 in a research note on Thursday, April 10th.
Get Our Latest Report on CGX
Cineplex Price Performance
CGX traded down C$0.26 during trading on Friday, reaching C$9.87. 258,269 shares of the stock were exchanged, compared to its average volume of 273,930. The company has a debt-to-equity ratio of -4,623.78, a current ratio of 0.43 and a quick ratio of 0.22. The company has a market capitalization of C$623.31 million, a price-to-earnings ratio of -16.61, a P/E/G ratio of 0.30 and a beta of 2.74. Cineplex has a 1 year low of C$7.10 and a 1 year high of C$13.09. The business's 50 day moving average price is C$9.57 and its two-hundred day moving average price is C$10.66.
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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