Cineworld Group (LON:CINE) was upgraded by analysts at Peel Hunt to a “buy” rating in a note issued to investors on Monday.

A number of other equities research analysts have also recently weighed in on CINE. N+1 Singer restated a “buy” rating and issued a GBX 770 ($10.64) price objective on shares of Cineworld Group in a report on Monday, November 20th. Numis Securities restated a “hold” rating and issued a GBX 750 ($10.36) price objective on shares of Cineworld Group in a report on Thursday, November 23rd. Canaccord Genuity restated a “hold” rating and issued a GBX 700 ($9.67) price objective on shares of Cineworld Group in a report on Thursday, November 23rd. Investec restated a “buy” rating and issued a GBX 825 ($11.40) price objective on shares of Cineworld Group in a report on Thursday, November 23rd. Finally, Deutsche Bank reiterated a “buy” rating and set a GBX 825 ($11.40) price target on shares of Cineworld Group in a report on Wednesday, November 29th. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 755.42 ($10.44).

Shares of Cineworld Group (LON CINE) traded up GBX 7 ($0.10) on Monday, reaching GBX 244 ($3.37). 8,875,272 shares of the company’s stock were exchanged, compared to its average volume of 5,010,000. The stock has a market capitalization of $3,340.00 and a PE ratio of 1,525.00. Cineworld Group has a twelve month low of GBX 210.15 ($2.90) and a twelve month high of GBX 329.42 ($4.55).

In related news, insider Dean Roderick Moore bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of GBX 223 ($3.08) per share, for a total transaction of £33,450 ($46,214.42). Also, insider Nisan Cohen sold 1,450 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of GBX 538 ($7.43), for a total transaction of £7,801 ($10,777.84).

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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.

Analyst Recommendations for Cineworld Group (LON:CINE)

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