Cineplex (TSE:CGX – Free Report) had its price objective boosted by Canaccord Genuity Group from C$12.25 to C$14.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.
CGX has been the subject of several other reports. National Bankshares boosted their target price on Cineplex from C$13.00 to C$14.50 and gave the stock an outperform rating in a research note on Wednesday, September 27th. Royal Bank of Canada boosted their target price on Cineplex from C$14.00 to C$15.00 and gave the stock an outperform rating in a research note on Friday, August 11th.
Read Our Latest Report on Cineplex
Cineplex Stock Performance
Shares of Cineplex stock opened at C$9.47 on Thursday. Cineplex has a one year low of C$7.30 and a one year high of C$10.83. The company has a market cap of C$600.21 million, a price-to-earnings ratio of 3.68, a PEG ratio of 0.30 and a beta of 2.75. The company has a debt-to-equity ratio of 7,933.30, a quick ratio of 0.22 and a current ratio of 0.38. The business’s 50 day moving average price is C$8.62 and its 200 day moving average price is C$8.91.
Cineplex (TSE:CGX – Get Free Report) last posted its earnings results on Thursday, August 10th. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$423.12 million for the quarter, compared to analyst estimates of C$416.50 million. On average, research analysts predict that Cineplex will post 0.9671574 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 four segments: Film Entertainment and Content, Media, Amusement and Leisure, and Location-Based Entertainment. The company engages in theatre exhibition and theatre food service activities.
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