Cineworld Group plc (CINE) Rating Reiterated by Canaccord Genuity
Cineworld Group plc (LON:CINE)‘s stock had its “hold” rating restated by stock analysts at Canaccord Genuity in a research note issued to investors on Thursday. They currently have a GBX 700 ($9.21) price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 8.86% from the stock’s current price.
A number of other research analysts have also commented on CINE. Peel Hunt reiterated an “add” rating and issued a GBX 725 ($9.54) price objective on shares of Cineworld Group plc in a research report on Thursday. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 825 ($10.85) price objective on shares of Cineworld Group plc in a research report on Thursday, October 5th. Panmure Gordon began coverage on Cineworld Group plc in a research report on Thursday, September 28th. They issued a “buy” rating and a GBX 750 ($9.86) price objective on the stock. Berenberg Bank increased their price objective on Cineworld Group plc from GBX 675 ($8.88) to GBX 800 ($10.52) and gave the company a “buy” rating in a research report on Wednesday, July 26th. Finally, Investec reiterated a “buy” rating and issued a GBX 825 ($10.85) price objective on shares of Cineworld Group plc in a research report on Thursday, August 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 767.92 ($10.10).
Shares of Cineworld Group plc (CINE) opened at GBX 643 ($8.46) on Thursday. Cineworld Group plc has a twelve month low of GBX 538 ($7.08) and a twelve month high of GBX 744.90 ($9.80).
Cineworld Group plc 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.
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