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.
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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.
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