Cineplex Inc. (TSE:CGX) Receives C$18.93 Consensus Price Target from Analysts

Cineplex Inc. (TSE:CGX) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$18.93.

Separately, Canaccord Genuity Group increased their target price on Cineplex from C$12.50 to C$14.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th.

Cineplex Price Performance

Shares of CGX opened at C$10.94 on Friday. Cineplex has a 12-month low of C$7.10 and a 12-month high of C$13.09. The business’s fifty day moving average is C$11.41 and its 200 day moving average is C$11.02. 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 stock has a market cap of C$690.88 million, a P/E ratio of -18.41, a P/E/G ratio of 0.30 and a beta of 2.74.

Cineplex Company Profile

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.