Analysts Set Cineworld Group plc (LON:CINE) PT at $629.30
Shares of Cineworld Group plc (LON:CINE) have been given a consensus recommendation of “Buy” by the ten research firms that are covering the firm. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 629.30 ($8.21).
Several research analysts have recently weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 650 ($8.48) price objective on shares of Cineworld Group plc in a research report on Monday, June 13th. Peel Hunt reaffirmed a “buy” rating and set a GBX 650 ($8.48) price objective on shares of Cineworld Group plc in a research report on Thursday, August 11th. JPMorgan Chase & Co. upped their price objective on Cineworld Group plc from GBX 610 ($7.96) to GBX 640 ($8.35) and gave the stock an “overweight” rating in a research report on Monday, August 8th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 520 ($6.79) price objective on shares of Cineworld Group plc in a research report on Thursday, August 11th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a GBX 580 ($7.57) price objective on shares of Cineworld Group plc in a research report on Monday, July 11th.
Shares of Cineworld Group plc (LON:CINE) opened at 570.00 on Tuesday. The stock’s market capitalization is GBX 1.51 billion. The company has a 50-day moving average price of GBX 577.62 and a 200 day moving average price of GBX 558.31. Cineworld Group plc has a 52 week low of GBX 454.70 and a 52 week high of GBX 618.00.
The firm also recently disclosed a dividend, which was paid on Friday, September 9th. Shareholders of record on Thursday, August 18th were paid a GBX 5.20 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a yield of 0.89%.
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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