Cineplex Inc. (OTCMKTS:CPXGF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Cineplex Inc. (OTCMKTS:CPXGF) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $13.10.

Several equities research analysts have recently weighed in on CPXGF shares. Scotiabank raised Cineplex from a “sector perform” rating to an “outperform” rating in a research note on Friday, August 13th. TD Securities dropped their target price on Cineplex from C$20.00 to C$18.00 and set a “buy” rating on the stock in a report on Friday, August 13th.

Shares of OTCMKTS:CPXGF traded down $0.24 during trading on Tuesday, hitting $10.50. 1,521 shares of the company’s stock traded hands, compared to its average volume of 6,684. The company has a 50-day moving average price of $10.73 and a 200-day moving average price of $11.09. Cineplex has a 52 week low of $3.30 and a 52 week high of $18.00.

About Cineplex

Cineplex Inc engages in the theatre operations business. It operates in the film entertainment and content, amusement and leisure, and media sectors. The firm also engages in digital commerce, food service, alternative programming, cinema media, digital place-based media, amusement solutions and an online e-sports platform for competitive and passionate gamers.

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Analyst Recommendations for Cineplex (OTCMKTS:CPXGF)

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