Cineworld Group plc (LON:CINE) has been given a consensus rating of “Hold” by the eight research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 77 ($1.01).
Several research analysts have recently issued reports on CINE shares. Peel Hunt cut their price target on Cineworld Group from GBX 85 ($1.11) to GBX 75 ($0.98) and set a “hold” rating for the company in a research note on Tuesday, July 13th. Numis Securities reaffirmed a “reduce” rating and set a GBX 75 ($0.98) price target on shares of Cineworld Group in a research note on Tuesday, May 18th. Berenberg Bank boosted their target price on shares of Cineworld Group from GBX 70 ($0.91) to GBX 85 ($1.11) and gave the company a “hold” rating in a research note on Wednesday, June 23rd. Finally, Peel Hunt cut their target price on shares of Cineworld Group from GBX 85 ($1.11) to GBX 75 ($0.98) and set a “hold” rating for the company in a research note on Tuesday, July 13th.
Shares of LON:CINE traded up GBX 1.82 ($0.02) during midday trading on Tuesday, hitting GBX 64.82 ($0.85). 6,895,866 shares of the stock were exchanged, compared to its average volume of 11,350,736. The stock has a market cap of £889.98 million and a P/E ratio of -0.78. The company has a current ratio of 0.32, a quick ratio of 0.29 and a debt-to-equity ratio of 3,825.90. Cineworld Group has a twelve month low of GBX 15.11 ($0.20) and a twelve month high of GBX 124.85 ($1.63). The company has a 50 day moving average price of GBX 65.89 and a 200-day moving average price of GBX 150.17.
Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, property, ticket booking, film distribution, advertising, general partner, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.
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