Cineworld Group plc (CINE) Receives “Overweight” Rating from Barclays PLC
Barclays PLC reissued their overweight rating on shares of Cineworld Group plc (LON:CINE) in a research note issued to investors on Wednesday. The brokerage currently has a GBX 665 ($8.31) price target on the stock.
CINE has been the subject of a number of other research reports. HSBC started coverage on Cineworld Group plc in a research report on Thursday, November 3rd. They set a buy rating and a GBX 720 ($9.00) price objective for the company. Canaccord Genuity reaffirmed a hold rating and set a GBX 520 ($6.50) target price on shares of Cineworld Group plc in a research note on Thursday, August 11th. JPMorgan Chase & Co. lifted their target price on Cineworld Group plc from GBX 610 ($7.62) to GBX 640 ($8.00) and gave the company an overweight rating in a research note on Monday, August 8th. Peel Hunt reaffirmed a buy rating and set a GBX 650 ($8.12) target price on shares of Cineworld Group plc in a research note on Thursday, August 11th. Finally, Investec reaffirmed a buy rating and set a GBX 685 ($8.56) target price on shares of Cineworld Group plc in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 639.82 ($7.99).
Cineworld Group plc (LON:CINE) traded down 0.27% during mid-day trading on Wednesday, reaching GBX 549.50. The company’s stock had a trading volume of 378,424 shares. The firm has a 50 day moving average price of GBX 556.15 and a 200-day moving average price of GBX 561.06. Cineworld Group plc has a 1-year low of GBX 454.70 and a 1-year high of GBX 618.00. The company’s market capitalization is GBX 1459.79 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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