Analysts Set Cineplex Inc. (TSE:CGX) PT at C$18.93

Shares of Cineplex Inc. (TSE:CGX) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$18.93.

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

Cineplex Stock Performance

Shares of CGX opened at C$10.81 on Friday. The company has a market cap of C$682.67 million, a PE ratio of -18.19, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. The company has a current ratio of 0.43, a quick ratio of 0.22 and a debt-to-equity ratio of -4,623.78. The stock has a 50-day moving average price of C$11.53 and a 200-day moving average price of C$10.97. Cineplex has a 12-month low of C$7.10 and a 12-month high of C$13.09.

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.