Cineworld Group (LON:CINE) Rating Increased to Buy at Numis Securities

Cineworld Group (LON:CINE) was upgraded by Numis Securities to a “buy” rating in a report issued on Thursday, January 4th. The brokerage presently has a GBX 825 ($11.19) price objective on the stock. Numis Securities’ price objective suggests a potential upside of 46.41% from the company’s current price.

A number of other equities analysts have also recently issued reports on CINE. Panmure Gordon began coverage on shares of Cineworld Group in a research report on Thursday, September 28th. They issued a “buy” rating and a GBX 750 ($10.17) price objective on the stock. Deutsche Bank reiterated a “buy” rating and set a GBX 825 ($11.19) price target on shares of Cineworld Group in a research report on Thursday, October 5th. Peel Hunt reiterated an “add” rating and set a GBX 775 ($10.51) price target on shares of Cineworld Group in a research report on Wednesday, October 25th. N+1 Singer reiterated a “buy” rating and set a GBX 770 ($10.44) price target on shares of Cineworld Group in a research report on Monday, November 20th. Finally, Canaccord Genuity reiterated a “hold” rating and set a GBX 700 ($9.49) price target on shares of Cineworld Group in a research report on Thursday, November 23rd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 755.42 ($10.24).

Cineworld Group (LON:CINE) opened at GBX 563.50 ($7.64) on Thursday. Cineworld Group has a 52-week low of GBX 508.50 ($6.90) and a 52-week high of GBX 744.90 ($10.10). The stock has a market cap of $1,540.00 and a PE ratio of 1,565.28.

ILLEGAL ACTIVITY WARNING: “Cineworld Group (LON:CINE) Rating Increased to Buy at Numis Securities” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/11/cineworld-group-cine-lifted-to-buy-at-numis-securities.html.

About Cineworld Group

Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.

Analyst Recommendations for Cineworld Group (LON:CINE)

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