Cineworld Group’s (CINE) Add Rating Reaffirmed at Peel Hunt
A number of other brokerages have also issued reports on CINE. HSBC increased their price objective on Cineworld Group from GBX 370 ($4.83) to GBX 440 ($5.75) and gave the stock a buy rating in a report on Monday, March 4th. Jefferies Financial Group reissued a buy rating and issued a GBX 390 ($5.10) price objective on shares of Cineworld Group in a report on Thursday, March 7th. Royal Bank of Canada began coverage on Cineworld Group in a report on Tuesday, December 4th. They issued an outperform rating for the company. Numis Securities reissued a buy rating and issued a GBX 421 ($5.50) price objective on shares of Cineworld Group in a report on Monday, December 17th. Finally, UBS Group reissued a buy rating and issued a GBX 375 ($4.90) price objective (up from GBX 330 ($4.31)) on shares of Cineworld Group in a report on Thursday, February 7th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 390.17 ($5.10).
Shares of CINE stock opened at GBX 297.80 ($3.89) on Thursday. Cineworld Group has a 12-month low of GBX 223.80 ($2.92) and a 12-month high of GBX 325.40 ($4.25). The company has a market capitalization of $4.08 billion and a P/E ratio of 14.96. The company has a debt-to-equity ratio of 120.10, a current ratio of 0.67 and a quick ratio of 0.64.
Cineworld Group Company Profile
Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.
Read More: What is Cost of Capital?
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.