Cineplex (CGX), the Services sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from CIBC’s analyst Robert Bek, with a C$36 price target.
According to TipRanks.com, Bek is ranked #690 out of 4900 analysts.
Currently, the analyst consensus on Cineplex is a Strong Buy with an average price target of C$37.20.
Cineplex’s market cap is currently C$2.31B and has a P/E ratio of 27.2. The company has a Price to Book ratio of 3.32.
Cineplex Inc. engages in the theatre operations business. Its subsidiaries include Cineplex Digital Solutions and Cineplex Digital Networks. The company was founded in 1912 and is headquartered in Toronto, Canada.
The company’s shares closed on Monday at C$36.20.
