Cineplex Inc. (TSE:CGX) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Cineplex Inc. (TSE:CGX - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five 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$18.93.

Separately, Canaccord Genuity Group boosted their target price on shares of Cineplex from C$12.50 to C$14.00 and gave the company a "buy" rating in a research report on Wednesday, February 12th.

Cineplex Stock Performance

CGX traded up C$0.12 during trading on Friday, hitting C$10.93. The stock had a trading volume of 145,270 shares, compared to its average volume of 273,723. 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 50 day moving average price of C$11.53 and a 200-day moving average price of C$10.97. Cineplex has a one year low of C$7.10 and a one year high of C$13.09. The firm has a market cap of C$690.25 million, a price-to-earnings ratio of -18.39, 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.