Brokerages Set Cineworld Group plc (CINE) PT at $637.55
Cineworld Group plc (LON:CINE) has been assigned an average rating of “Buy” from the eleven brokerages that are presently covering the stock. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 637.55 ($7.90).
Several equities analysts recently weighed in on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 650 ($8.05) price target on shares of Cineworld Group plc in a report on Thursday, August 11th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 520 ($6.44) price target on shares of Cineworld Group plc in a report on Thursday, August 11th. JPMorgan Chase & Co. increased their price target on shares of Cineworld Group plc from GBX 610 ($7.56) to GBX 640 ($7.93) and gave the stock an “overweight” rating in a report on Monday, August 8th. Barclays PLC reiterated an “overweight” rating and issued a GBX 665 ($8.24) price target on shares of Cineworld Group plc in a report on Friday, September 16th. Finally, HSBC assumed coverage on shares of Cineworld Group plc in a report on Thursday, November 3rd. They issued a “buy” rating and a GBX 720 ($8.92) price target on the stock.
Cineworld Group plc (LON:CINE) opened at 537.00 on Tuesday. The stock has a 50 day moving average of GBX 558.32 and a 200 day moving average of GBX 560.48. Cineworld Group plc has a 12-month low of GBX 454.70 and a 12-month high of GBX 618.00. The stock’s market cap is GBX 1.43 billion.
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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