Peel Hunt restated their add rating on shares of Cineworld Group (LON:CINE) in a research report released on Wednesday morning. The firm currently has a GBX 725 ($9.71) price objective on the stock.

A number of other brokerages have also recently weighed in on CINE. Canaccord Genuity upped their price objective on shares of Cineworld Group from GBX 630 ($8.44) to GBX 700 ($9.37) and gave the stock a hold rating in a report on Thursday, August 10th. Investec restated a buy rating and issued a GBX 825 ($11.05) price objective on shares of Cineworld Group in a report on Thursday, August 10th. Numis Securities restated a hold rating and issued a GBX 750 ($10.04) price objective on shares of Cineworld Group in a report on Thursday, August 10th. N+1 Singer upgraded shares of Cineworld Group to a buy rating and upped their price objective for the stock from GBX 760 ($10.18) to GBX 770 ($10.31) in a report on Thursday, August 10th. Finally, Deutsche Bank restated a buy rating and issued a GBX 825 ($11.05) price objective on shares of Cineworld Group in a report on Wednesday. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of GBX 774.17 ($10.37).

Shares of Cineworld Group (CINE) traded down GBX 4.50 ($0.06) on Wednesday, reaching GBX 545.50 ($7.31). 2,175,008 shares of the company’s stock were exchanged, compared to its average volume of 653,008. Cineworld Group has a twelve month low of GBX 538 ($7.21) and a twelve month high of GBX 744.90 ($9.98).

COPYRIGHT VIOLATION NOTICE: “Peel Hunt Reaffirms “Add” Rating for Cineworld Group (CINE)” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/12/02/peel-hunt-reaffirms-add-rating-for-cineworld-group-cine.html.

Cineworld Group 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.

Analyst Recommendations for Cineworld Group (LON:CINE)

Receive News & Stock Ratings for Cineworld Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cineworld Group plc and related stocks with our FREE daily email newsletter.