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

Cineplex Inc. (TSE:CGX) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$18.93.

Separately, Canaccord Genuity Group lifted their price target on 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 Price Performance

CGX opened at C$10.81 on Friday. The company has a debt-to-equity ratio of -4,623.78, a quick ratio of 0.22 and a current ratio of 0.43. Cineplex has a 52-week low of C$7.10 and a 52-week high of C$13.09. The stock has a market capitalization 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 stock’s 50 day moving average price is C$11.53 and its 200-day moving average price is C$10.97.

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.