The Globe and Mail reports in its Wednesday, Sept. 16, edition that RBC Capital analyst Drew McReynolds is sticking with his "outperform" recommendation for Cineplex. The Globe's David Leeder writes that Mr. McReynolds hiked his share target to $15 from $14. Analysts on average target the shares at $13.58. Mr. McReynolds says in a note: "We believe a strengthened theatrical release window, added film supply from streaming platforms and still-untapped growth opportunities for Cineplex Media, location-based entertainment (LBE) and Scene+ have bolstered Cineplex earnings power. While Cineplex is not immune to economic headwinds and further U.S. studio consolidation could have negative medium-term implications for the release slate, we continue to see value in the shares at current levels given: (I) the strong box office outlook for H2/26 and 2027 relative to recent years; (ii) Cineplex's diversified and differentiated asset mix and stronger competitive position relative to peers; and (iii) the potential for enhanced capital returns alongside strategic optionality." The Globe reported on May 13, 2025, and Feb. 4, 2026, that Mr. McReynolds rated Cineplex "outperform." The shares were then going for $10.15 and $9.46.
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