Cineplex Inc on Focus After Raising In Today’s Session

 Cineplex Inc on Focus After Raising In Today's Session

The stock of Cineplex Inc (TSE:CGX) is a huge mover today! About 34,650 shares traded hands. Cineplex Inc (TSE:CGX) has declined 0.04% since March 31, 2016 and is downtrending. It has underperformed by 1.13% the S&P500.
The move comes after 8 months positive chart setup for the $3.25B company. It was reported on Nov, 4 by Barchart.com. We have $69.95 PT which if reached, will make TSE:CGX worth $1.20B more.

Cineplex Inc (TSE:CGX) Ratings Coverage

Out of 4 analysts covering Cineplex Inc (TSE:CGX), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $59 is the highest target while $2 is the lowest. The $54 average target is 5.76% above today’s ($51.06) stock price. Cineplex Inc has been the topic of 22 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Cineplex Inc (TSE:CGX) earned “Sector Perform” rating by RBC Capital Markets on Friday, July 15. Scotia Capital maintained the stock with “Sector Perform” rating in Thursday, August 11 report. Scotia Capital maintained Cineplex Inc (TSE:CGX) on Wednesday, September 21 with “Sector Perform” rating. Scotia Capital maintained it with “Sector Perform” rating and $2 target price in Friday, August 26 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 8. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 14. The rating was maintained by Scotia Capital with “Sector Perform” on Thursday, November 3. TD Securities maintained Cineplex Inc (TSE:CGX) on Friday, August 14 with “Hold” rating. The stock of Cineplex Inc (TSE:CGX) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 3. The stock of Cineplex Inc (TSE:CGX) earned “Buy” rating by TD Securities on Friday, January 29.

More notable recent Cineplex Inc (TSE:CGX) news were published by: Finance.Yahoo.com which released: “Cineplex Inc. Announces Its October 2016 Dividend” on October 18, 2016, also Fool.ca with their article: “Cineplex Inc.: It’s All About the Diversification” published on October 28, 2016, Marketwired.com published: “Cineplex Inc. Announces Timing of Third Quarter 2016 Earnings Release and …” on October 07, 2016. More interesting news about Cineplex Inc (TSE:CGX) were released by: Fool.ca and their article: “How Cineplex Inc. Has Reinvented the Movie and Popcorn Business” published on October 24, 2016 as well as Fool.ca‘s news article titled: “Why Cineplex Inc. Is More Than a Movie Company” with publication date: September 23, 2016.

Cineplex Inc. is a Canada-based entertainment company. The company has a market cap of $3.25 billion. The Firm operates through two divisions: Exhibition and Media. It has a 25.23 P/E ratio. The Exhibition segment offers box office services, food service, gaming services, theatre rentals and digital commerce rental and sales.

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