Peel Hunt reissued their hold rating on shares of Cineworld Group (LON:CINE) in a research report report published on Friday, January 5th. The firm currently has a GBX 600 ($8.14) price target on the stock.
A number of other research firms have also weighed in on CINE. Deutsche Bank reaffirmed a buy rating and set a GBX 825 ($11.19) price objective on shares of Cineworld Group in a research report on Wednesday, November 29th. Berenberg Bank cut their target price on Cineworld Group from GBX 800 ($10.85) to GBX 700 ($9.49) and set a buy rating on the stock in a research note on Friday, December 15th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 780 ($10.58) target price on shares of Cineworld Group in a research note on Thursday, November 30th. Canaccord Genuity reiterated a hold rating and set a GBX 700 ($9.49) target price on shares of Cineworld Group in a research note on Thursday, November 23rd. Finally, Investec reiterated a buy rating and set a GBX 825 ($11.19) target price on shares of Cineworld Group in a research note on Thursday, November 23rd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Cineworld Group has a consensus rating of Buy and a consensus target price of GBX 755.42 ($10.24).
Cineworld Group (LON:CINE) traded up GBX 9.60 ($0.13) on Friday, reaching GBX 507 ($6.88). The company’s stock had a trading volume of 2,013,906 shares, compared to its average volume of 1,340,000. The company has a market cap of $1,390.00 and a price-to-earnings ratio of 1,408.33. Cineworld Group has a fifty-two week low of GBX 475.20 ($6.44) and a fifty-two week high of GBX 744.90 ($10.10).
In other news, insider Nisan Cohen sold 1,450 shares of the firm’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of GBX 538 ($7.30), for a total value of £7,801 ($10,579.06).
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Cineworld Group Company Profile
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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