Cineworld Group (CINE) Upgraded to “Buy” by Peel Hunt
Cineworld Group (LON:CINE) was upgraded by investment analysts at Peel Hunt to a “buy” rating in a research report issued on Monday.
CINE has been the topic of several other reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 780 ($10.78) price target on shares of Cineworld Group in a report on Wednesday, December 6th. Deutsche Bank restated a “buy” rating and set a GBX 825 ($11.40) price target on shares of Cineworld Group in a report on Tuesday, December 5th. Canaccord Genuity restated a “hold” rating and set a GBX 700 ($9.67) price target on shares of Cineworld Group in a report on Wednesday, January 17th. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 ($11.05) target price on shares of Cineworld Group in a research note on Thursday, November 30th. Finally, Investec reiterated a “buy” rating and issued a GBX 825 ($11.40) target price on shares of Cineworld Group in a research note on Thursday, November 23rd. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 755.42 ($10.44).
Cineworld Group (LON:CINE) traded up GBX 7 ($0.10) during trading on Monday, reaching GBX 244 ($3.37). 8,875,272 shares of the company traded hands, compared to its average volume of 5,010,000. Cineworld Group has a 1-year low of GBX 210.15 ($2.90) and a 1-year high of GBX 329.42 ($4.55). The stock has a market capitalization of $3,340.00 and a PE ratio of 1,525.00.
About Cineworld Group
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.
Receive News & Ratings for Cineworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cineworld Group and related companies with MarketBeat.com's FREE daily email newsletter.