Cineworld Group Receives Sell Rating from Panmure Gordon (CINE)
Cineworld Group (LON:CINE)‘s stock had its “sell” rating reaffirmed by Panmure Gordon in a research note issued on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 260 ($4.17) price target on the stock. Panmure Gordon’s target price points to a potential downside of 29.23% from the stock’s previous close.
A number of other analysts have also recently weighed in on CINE. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group in a research note to investors on Wednesday, October 2nd. They now have a GBX 428 ($6.87) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Cineworld Group in a research note to investors on Tuesday, September 10th. They now have a GBX 450 ($7.22) price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Cineworld Group has a consensus rating of “Buy” and an average price target of GBX 379.56 ($6.09).
Cineworld Group (LON:CINE) opened at 367.25 on Tuesday. Cineworld Group has a one year low of GBX 233.16 and a one year high of GBX 442.75. The stock has a 50-day moving average of GBX 399.6 and a 200-day moving average of GBX 335.4. The company’s market cap is £550.3 million.
Cineworld Group plc (LON:CINE) is an investment holding company.
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