23:50:06 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Cineplex Inc
Symbol CGX
Shares Issued 63,684,281
Close 2024-02-09 C$ 7.90
Market Cap C$ 503,105,820
Recent Sedar Documents

Globe says RBC maintains Cineplex at "outperform"

2024-02-09 08:17 ET - In the News

The Globe and Mail reports in its Friday, Feb. 9, edition that RBC Capital analyst Drew McReynolds continues to rank Cineplex "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds edged his share target down by a loonie to $14. Analysts on average target the shares at $12.67. Mr. McReynolds says in a note: "Looking past Q4/23 results that were below our forecast in a strike-impacted quarter, we see upside in the shares as box office fully normalizes beginning in H2/24 and management executes on the newly announced refinancial plan. Following several minor changes to our forecast, our price target is trimmed." The Globe reported on April 25 that Mr. McReynolds rated Cineplex "outperform." It was then worth $8.83. The Globe reported on Sept. 28, Nov. 24 and Jan. 17 that National Bank Financial analyst Adam Shine continued to rank Cineplex "outperform." The shares could then be had for $8.87, $8.35 and $8.11.

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