Oil prices fell on Monday as a rally at the end of last week prompted investors to close positions at a higher price, against a backdrop of signs the global market is starting to rebalance.
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Generally speaking, investors want a precise assessment of what the companies they invest in are worth. Valuation is both art and science, of course, as there's never a guarantee that a company will perform better in the future than it has in the past.
Among 6 analysts covering Cineplex Inc (TSE:CGX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Cineplex Inc has $60 highest and $2 lowest target.
Global commodity trading company Gunvor Group has been nominated as the preferred liquefied natural gas buyer for offtake from the Ophir Energy-led Fortuna floating LNG project off Equitorial Guinea.