Cineplex Inc. (TSE:CGX) Given Consensus Rating of “Moderate Buy” by Analysts

Cineplex Inc. (TSE:CGX) has received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$18.93.

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

Cineplex Price Performance

Shares of CGX opened at C$10.96 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. The firm has a market capitalization of C$692.14 million, a PE ratio of -18.44, a P/E/G ratio of 0.30 and a beta of 2.74. The stock has a 50 day simple moving average of C$11.47 and a 200 day simple moving average of C$11.00. Cineplex has a 52-week low of C$7.10 and a 52-week 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.