Cineworld Group (CINE) Rating Increased to Buy at HSBC
Cineworld Group (LON:CINE) was upgraded by stock analysts at HSBC to a “buy” rating in a research note issued on Tuesday.
Several other equities research analysts have also recently weighed in on CINE. UBS Group reissued a “buy” rating on shares of Cineworld Group in a research note on Wednesday, September 5th. Numis Securities reissued a “buy” rating on shares of Cineworld Group in a research note on Wednesday, May 16th. Deutsche Bank reissued a “buy” rating on shares of Cineworld Group in a research note on Tuesday, May 15th. Barclays reissued an “overweight” rating on shares of Cineworld Group in a research note on Wednesday, July 11th. Finally, Peel Hunt cut Cineworld Group to an “add” rating in a research note on Wednesday, May 16th. One research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the stock. Cineworld Group presently has a consensus rating of “Buy” and an average price target of GBX 752.78 ($9.81).
Shares of LON CINE opened at GBX 304.15 ($3.96) on Tuesday. Cineworld Group has a 1-year low of GBX 210.15 ($2.74) and a 1-year high of GBX 329.42 ($4.29).
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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