Jan 13 Dividend of $0.11 Announced by Cineplex (CGX)
Cineplex (TSE:CGX) announced a jan 13 dividend on Monday, January 21st. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.11 per share on Thursday, February 28th.
A number of analysts have recently weighed in on CGX shares. Analysts at National Bank upgraded shares of Cineplex from a “sector perform” rating to an “outperform” rating in a research note to investors on Monday, January 14th. On a related note, analysts at Raymond James reiterated an “outperform” rating on shares of Cineplex in a research note to investors on Friday, January 11th. They now have a $32.00 price target on the stock. Finally, analysts at TD Securities raised their price target on shares of Cineplex from $29.00 to $30.00 in a research note to investors on Thursday, January 10th. They now have a “hold” rating on the stock.
Shares of Cineplex (CGX) opened at 32.35 on Monday. Cineplex (CGX) has a 52 week low of $24.80 and a 52 week high of $32.59. The stock’s 50-day moving average is currently $31.47. The company has a P/E ratio of 19.88.
Cineplex Inc. (Cineplex) directly and indirectly owns 100% of Cineplex Entertainment Limited Partnership (the Partnership).
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