Shares of Cineplex Inc. (TSE:CGX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$12.67.
A number of analysts recently commented on the company. Scotiabank dropped their price target on Cineplex from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a research note on Monday. BMO Capital Markets raised their price objective on Cineplex from C$11.50 to C$12.50 and gave the company a “market perform” rating in a research report on Wednesday, March 6th.
Check Out Our Latest Report on CGX
Cineplex Stock Down 0.6 %
Cineplex (TSE:CGX – Get Free Report) last issued its earnings results on Thursday, May 9th. The company reported C($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.15) by C($0.41). The firm had revenue of C$294.76 million for the quarter, compared to analysts’ expectations of C$292.60 million. Equities research analysts forecast that Cineplex will post 0.4906231 EPS for the current year.
About Cineplex
Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.
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