Cineworld Group Stock Rating Reaffirmed by Numis Securities Ltd (CINE)
Cineworld Group (LON:CINE)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Wednesday, American Banking & Market News reports. They currently have a GBX 450 ($7.38) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 17.34% from the stock’s previous close.
Shares of Cineworld Group (LON:CINE) traded down 1.04% on Wednesday, hitting GBX 379.50. 63,394 shares of the company’s stock traded hands. Cineworld Group has a 1-year low of GBX 265.00 and a 1-year high of GBX 442.75. The stock’s 50-day moving average is GBX 377.3 and its 200-day moving average is GBX 377.9. The company’s market cap is £568.6 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group in a research note to investors on Wednesday, November 20th. They now have a GBX 425 ($6.97) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Cineworld Group in a research note to investors on Tuesday, October 22nd. They now have a GBX 450 ($7.38) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Cineworld Group has a consensus rating of “Hold” and an average price target of GBX 373.45 ($6.13).
Cineworld Group plc (LON:CINE) is an investment holding company.
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