CIBC reaffirmed their hold rating on shares of Cineplex (OTCMKTS:CPXGF) in a research note published on Thursday morning, AnalystRatings.com reports. CIBC currently has a $34.00 target price on the stock.
CPXGF has been the subject of several other reports. Royal Bank of Canada downgraded shares of Cineplex to a hold rating and set a $34.00 price objective for the company. in a research report on Tuesday, December 17th. TD Securities downgraded shares of Cineplex to a hold rating and set a $34.00 price objective for the company. in a research report on Tuesday, February 4th. Finally, Canaccord Genuity restated a hold rating and set a $34.00 price objective on shares of Cineplex in a research report on Thursday. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Cineplex has a consensus rating of Hold and a consensus price target of $34.00.
CPXGF stock remained flat at $$25.41 during mid-day trading on Thursday. The company’s fifty day simple moving average is $25.73 and its 200 day simple moving average is $20.59. Cineplex has a 12 month low of $16.68 and a 12 month high of $26.19.
Cineplex Inc, through its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Amusement and Leisure. The Film Entertainment and Content segment operates film theatres; and provides food and in-theatre amusement services, as well as rents theatre and digital commerce.
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