Cineworld (CINE) Given “Buy” Rating at Deutsche Bank

Cineworld (LON:CINE)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank in a research note issued to investors on Tuesday.

A number of other research analysts also recently weighed in on CINE. Berenberg Bank reiterated a “buy” rating on shares of Cineworld in a report on Tuesday, May 1st. Numis Securities reiterated a “buy” rating on shares of Cineworld in a report on Thursday, March 15th. Peel Hunt reiterated a “buy” rating on shares of Cineworld in a report on Monday, March 12th. Citigroup reiterated a “buy” rating on shares of Cineworld in a report on Thursday, March 29th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Cineworld in a report on Thursday, March 15th. Twelve research analysts have rated the stock with a buy rating, Cineworld presently has a consensus rating of “Buy” and a consensus price target of GBX 756 ($10.26).

Shares of Cineworld opened at GBX 270.80 ($3.67) on Tuesday, Marketbeat Ratings reports. Cineworld has a 1 year low of GBX 210.15 ($2.85) and a 1 year high of GBX 329.42 ($4.47).

In related news, insider Alicja Kornasiewicz purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, March 16th. The shares were bought at an average price of GBX 248 ($3.36) per share, for a total transaction of £62,000 ($84,102.01). Also, insider Nisan Cohen sold 1,399 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The stock was sold at an average price of GBX 259 ($3.51), for a total value of £3,623.41 ($4,915.10).

Cineworld Company Profile

Cineworld Group plc engages in the operation of cinemas. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav Chen brand names.

Analyst Recommendations for Cineworld (LON:CINE)

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