Royal Bank of Canada reissued their top pick rating on shares of Cineworld Group (LON:CINE) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently weighed in on CINE. Numis Securities reaffirmed a buy rating and issued a GBX 3,600 ($47.04) price objective on shares of in a report on Friday, June 14th. Barclays reaffirmed a buy rating on shares of Netflix in a report on Thursday, May 16th. Peel Hunt reissued a buy rating on shares of Essentra in a report on Thursday, June 27th. UBS Group reissued a buy rating and set a GBX 285 ($3.72) price target on shares of in a report on Friday, June 21st. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Anglo American in a report on Wednesday, May 15th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 385.67 ($5.04).
Shares of LON CINE opened at GBX 260.90 ($3.41) on Monday. The firm has a market cap of $3.58 billion and a PE ratio of 11.65. The company has a debt-to-equity ratio of 118.40, a current ratio of 0.64 and a quick ratio of 0.52. The firm has a fifty day moving average of GBX 276.48. Cineworld Group has a fifty-two week low of GBX 246.20 ($3.22) and a fifty-two week high of GBX 325.40 ($4.25).
In other Cineworld Group news, insider Arni Samuelsson purchased 9,500 shares of the stock in a transaction dated Thursday, May 23rd. The stock was bought at an average price of GBX 305 ($3.99) per share, with a total value of £28,975 ($37,860.97). Also, insider Scott Rosenblum purchased 15,615 shares of the stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average cost of GBX 312 ($4.08) per share, with a total value of £48,718.80 ($63,659.74).
About Cineworld Group
Cineworld Group plc engages in the cinema business. 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 brands.
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