Cineworld Group plc (LON:CINE) had its target price increased by investment analysts at Canaccord Genuity from GBX 520 ($6.50) to GBX 550 ($6.87) in a report issued on Monday. The firm presently has a ” hold” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 0.46% from the company’s previous close.

A number of other research firms have also recently issued reports on CINE. Barclays PLC restated an “overweight” rating and issued a GBX 665 ($8.31) price objective on shares of Cineworld Group plc in a research report on Wednesday, November 16th. Peel Hunt restated a “buy” rating and issued a GBX 650 ($8.12) price objective on shares of Cineworld Group plc in a research report on Thursday, August 11th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 610 ($7.62) price objective on shares of Cineworld Group plc in a research report on Friday, July 29th. Investec restated a “buy” rating and issued a GBX 685 ($8.56) price objective on shares of Cineworld Group plc in a research report on Tuesday, November 15th. Finally, HSBC restated a “buy” rating and issued a GBX 720 ($9.00) price objective on shares of Cineworld Group plc in a research report on Wednesday, November 16th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 642.55 ($8.03).

Analyst Recommendations for Cineworld Group plc (LON:CINE)

Shares of Cineworld Group plc (LON:CINE) opened at 545.50 on Monday. Cineworld Group plc has a 1-year low of GBX 454.70 and a 1-year high of GBX 618.00. The firm has a 50-day moving average of GBX 553.71 and a 200 day moving average of GBX 561.04. The stock’s market cap is GBX 1.45 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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