Cineworld Group Upgraded by Nplus1 Brewin to “Buy” (CINE)
Cineworld Group (LON:CINE) was upgraded by equities research analysts at Nplus1 Brewin to a “buy” rating in a research note issued to investors on Monday, Analyst Ratings Net reports. The firm currently has a GBX 500 ($8.24) target price on the stock, up from their previous target price of GBX 376 ($6.20). Nplus1 Brewin’s price target points to a potential upside of 22.25% from the company’s current price.
Shares of Cineworld Group (LON:CINE) opened at 433.50 on Monday. Cineworld Group has a 1-year low of GBX 265.00 and a 1-year high of GBX 442.75. The stock has a 50-day moving average of GBX 380.1 and a 200-day moving average of GBX 378.5. The company’s market cap is £649.6 million.
A number of other firms have also recently commented on CINE. Analysts at N+1 Singer upgraded shares of Cineworld Group to a “buy” rating in a research note to investors on Monday. They now have a GBX 500 ($8.24) price target on the stock, up previously from GBX 376 ($6.20). Separately, analysts at Panmure Gordon reiterated a “sell” rating on shares of Cineworld Group in a research note to investors on Friday. They now have a GBX 260 ($4.28) price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Cineworld Group from GBX 450 ($7.42) to GBX 500 ($8.24) in a research note to investors on Friday. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Cineworld Group currently has an average rating of “Hold” and an average price target of GBX 406.56 ($6.70).
Cineworld Group plc (LON:CINE) is an investment holding company.
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