Cineworld Group plc Given “Buy” Rating at Numis Securities Ltd (CINE)
Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 420 ($7.15) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 26.20% from the stock’s previous close.
Shares of Cineworld Group plc (LON:CINE) traded down 0.30% during mid-day trading on Thursday, hitting GBX 327.00. The stock had a trading volume of 168,026 shares. Cineworld Group plc has a 1-year low of GBX 290.00 and a 1-year high of GBX 402.09. The stock’s 50-day moving average is GBX 340. and its 200-day moving average is GBX 344.2. The company’s market cap is £490.1 million.
A number of other analysts have also recently weighed in on CINE. Analysts at N+1 Singer reiterated a “buy” rating on shares of Cineworld Group plc in a research note on Wednesday, May 21st. They now have a GBX 364 ($6.19) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group plc in a research note on Wednesday, May 21st. They now have a GBX 400 ($6.81) price target on the stock. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 383.50 ($6.53).
Cineworld Group plc (LON:CINE) is an investment holding company.
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