Cineworld Group Stock Rating Reaffirmed by Numis Securities Ltd (CINE)
Cineworld Group (LON:CINE)‘s stock had its “add” rating restated by stock analysts at Numis Securities Ltd in a report issued on Tuesday, Analyst Ratings Network reports. They currently have a GBX 450 ($7.28) price objective on the stock. Numis Securities Ltd’s price objective points to a potential upside of 15.02% from the company’s current price.
Shares of Cineworld Group (LON:CINE) traded down 1.39% during mid-day trading on Tuesday, hitting GBX 391.25. The stock had a trading volume of 134,181 shares. Cineworld Group has a 1-year low of GBX 233.16 and a 1-year high of GBX 442.75. The stock’s 50-day moving average is GBX 388.0 and its 200-day moving average is GBX 348.5. The company’s market cap is £586.2 million.
A number of other firms have also recently commented on CINE. Analysts at Nplus1 Brewin downgraded shares of Cineworld Group to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a GBX 376 ($6.08) price target on the stock, down previously from GBX 402 ($6.50). Separately, analysts at N+1 Singer downgraded shares of Cineworld Group to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a GBX 376 ($6.08) price target on the stock, down previously from GBX 402 ($6.50). One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 373.45 ($6.04).
Cineworld Group plc (LON:CINE) is an investment holding company.
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