Cineworld Group plc Rating Reiterated by Numis Securities Ltd (CINE)
Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 420 ($7.06) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 28.32% from the stock’s previous close.
Cineworld Group plc (LON:CINE) opened at 330.50 on Wednesday. Cineworld Group plc has a 1-year low of GBX 279.959 and a 1-year high of GBX 402.09. The stock has a 50-day moving average of GBX 318. and a 200-day moving average of GBX 349.5. The company’s market cap is £495.4 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 plc in a research note on Wednesday. They now have a GBX 400 ($6.73) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Cineworld Group plc in a research note on Thursday, May 8th. They now have a GBX 295 ($4.96) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Cineworld Group plc in a research note on Thursday, May 8th. They now have a GBX 364 ($6.12) price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 383.50 ($6.45).
Cineworld Group plc (LON:CINE) is an investment holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.