Cineworld Group plc’s (LON:CINE) “Add” Rating Reaffirmed at Peel Hunt
Cineworld Group plc (LON:CINE)‘s stock had its “add” rating reaffirmed by investment analysts at Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 775 ($10.09) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 10.32% from the company’s current price.
CINE has been the topic of several other research reports. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 750 ($9.77) price target on shares of Cineworld Group plc in a report on Tuesday, July 25th. Berenberg Bank reiterated a “buy” rating and issued a GBX 675 ($8.79) price target on shares of Cineworld Group plc in a report on Tuesday, April 25th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 825 ($10.74) price target on shares of Cineworld Group plc in a report on Tuesday, July 11th. N+1 Singer reiterated a “hold” rating on shares of Cineworld Group plc in a report on Friday, May 26th. Finally, Investec reiterated a “buy” rating and issued a GBX 825 ($10.74) price target on shares of Cineworld Group plc in a report on Thursday, June 15th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Cineworld Group plc has a consensus rating of “Buy” and a consensus target price of GBX 756.82 ($9.86).
Shares of Cineworld Group plc (LON CINE) opened at 723.00 on Thursday. The company’s market cap is GBX 1.93 billion. Cineworld Group plc has a 52 week low of GBX 528.00 and a 52 week high of GBX 744.90. The company has a 50 day moving average of GBX 693.32 and a 200-day moving average of GBX 675.59.
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In other Cineworld Group plc news, insider Moshe (Mooky) Greidinger sold 11,000 shares of the firm’s stock in a transaction dated Thursday, June 22nd. The stock was sold at an average price of GBX 675 ($8.79), for a total transaction of £74,250 ($96,692.28). In the last 90 days, insiders have sold 48,399 shares of company stock worth $32,752,924.
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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