Canaccord Capital raises the target price on Cineplex Inc. (CGX:TSX) to $18

Canaccord Capital maintains Cineplex Inc. with a Speculative Buy and raises the target price to $18 from $17 on the company’s stock.
STA Research initiates a Hold rating on Cineplex Inc. and sets the target price at $20.
Based on the Cineplex Inc stock forecasts from 6 analysts, the average analyst target price for Cineplex Inc is CAD 18.13 over the next 12 months. Cineplex Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Cineplex Inc is Slightly Bearish, which is based on 4 positive signals and 9 negative signals. At the last closing, Cineplex Inc’s stock price was CAD 12.44. Cineplex Inc’s stock price has changed by +2.22% over the past week, -3.42% over the past month and -4.60% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
What we don’t like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector.