Shares of Cineplex Inc. (TSE:CGX – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$12.67.
A number of equities analysts recently weighed in on the company. BMO Capital Markets upped their price target on Cineplex from C$11.50 to C$12.50 and gave the stock a “market perform” rating in a report on Wednesday, March 6th. Scotiabank reduced their target price on Cineplex from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a report on Monday.
Get Our Latest Stock Analysis on Cineplex
Cineplex Stock Down 0.6 %
Cineplex (TSE:CGX – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported C($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.15) by C($0.41). The company had revenue of C$294.76 million during the quarter, compared to the consensus estimate of C$292.60 million. On average, sell-side analysts predict that Cineplex will post 0.4906231 EPS for the current year.
Cineplex Company Profile
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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