A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Cineplex (CGX) received a Buy rating from Raymond James’ analyst Kenric Tyghe, with a C$31 price target.
According to TipRanks.com, Tyghe is a 3-star analyst with an average return of 4.4% and a 53.9% success rate. Tyghe covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Dollarama Inc, and Cineplex.
Currently, the analyst consensus on Cineplex is a Moderate Buy with an average price target of C$31.71.
The company has a one-year high of C$36.65 and a one-year low of C$22.88. Currently, Cineplex has an average volume of 239K.
Cineplex Inc. is engaged in the theatre operations business. It operates in the film entertainment and content, amusement and leisure, and media sectors.
The company’s shares closed on Tuesday at C$24.36, close to its 52-week low of C$22.88.
