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Cineplex Inc. (TSE:CGX) Receives Consensus Rating of "Buy" from Brokerages

Cineplex logo with Communication Services background

Cineplex Inc. (TSE:CGX - Get Free Report) has been assigned an average rating of "Buy" from the six research firms that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$18.79.

Several research analysts have recently commented on the company. National Bankshares reduced their target price on Cineplex from C$15.00 to C$13.50 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Canaccord Genuity Group cut their price objective on Cineplex from C$14.00 to C$11.00 in a research report on Thursday, April 10th. Finally, Royal Bank Of Canada increased their target price on Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th.

Read Our Latest Stock Analysis on CGX

Cineplex Price Performance

TSE:CGX opened at C$11.32 on Monday. 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$714.88 million, a PE ratio of -19.05, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. Cineplex has a 12 month low of C$7.10 and a 12 month high of C$13.09. The company's 50-day moving average price is C$10.50 and its two-hundred day moving average price is C$10.79.

Cineplex Company Profile

(Get Free Report

Cineplex 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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Analyst Recommendations for Cineplex (TSE:CGX)

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