Cineplex Inc (TSE:CGX) insider Lorraine Marie Legault acquired 1,625 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average price of C$39.82 per share, with a total value of C$64,707.50.

Lorraine Marie Legault also recently made the following trade(s):

  • On Monday, November 13th, Lorraine Marie Legault sold 1,625 shares of Cineplex stock. The stock was sold at an average price of C$37.13, for a total transaction of C$60,336.25.

Cineplex Inc (TSE:CGX) traded down C$0.07 during trading on Friday, reaching C$38.93. 222,443 shares of the company traded hands, compared to its average volume of 169,251. Cineplex Inc has a 52-week low of C$34.43 and a 52-week high of C$54.81.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, November 30th will be given a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a yield of 4.32%. The ex-dividend date is Wednesday, November 29th. Cineplex’s payout ratio is currently 159.71%.

CGX has been the subject of several recent analyst reports. Scotiabank cut their price objective on shares of Cineplex from C$49.00 to C$46.00 and set an “outperform” rating for the company in a research report on Wednesday, August 23rd. National Bank Financial cut their price objective on shares of Cineplex from C$46.00 to C$42.00 and set a “sector perform” rating for the company in a research report on Thursday, August 17th. Raymond James Financial cut their price objective on shares of Cineplex from C$52.00 to C$46.00 and set an “outperform” rating for the company in a research report on Tuesday, September 26th. BMO Capital Markets cut their price objective on shares of Cineplex from C$48.00 to C$44.00 and set an “outperform” rating for the company in a research report on Wednesday, September 6th. Finally, TD Securities cut their price objective on shares of Cineplex from C$52.00 to C$47.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of C$46.81.

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About Cineplex

Cineplex Inc (Cineplex) is a Canada-based film exhibition company. The Company’s segments include Exhibition and Media. The Exhibition segment includes all direct and ancillary revenues from theatre attendance, including box office and food service revenues. The Exhibition segment also includes amusement gaming and leisure, theatre rentals and digital commerce rental and sales.

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