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 research analysts at Numis Securities Ltd in a research note issued to investors on Thursday. They currently have a GBX 420 ($7.05) price objective on the stock. Numis Securities Ltd’s price target indicates a potential upside of 28.05% from the stock’s previous close.
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 Thursday. They now have a GBX 364 ($6.11) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group plc in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. Cineworld Group plc has a consensus rating of “Buy” and an average target price of GBX 383.88 ($6.44).
Cineworld Group plc (LON:CINE) traded down 0.61% during mid-day trading on Thursday, hitting GBX 326.00. The stock had a trading volume of 137,692 shares. Cineworld Group plc has a 1-year low of GBX 290.00 and a 1-year high of GBX 447.75. The stock has a 50-day moving average of GBX 328.5 and a 200-day moving average of GBX 329.0. The company’s market cap is £488.6 million.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Shareholders of record on Wednesday, September 3rd will be paid a dividend of GBX 3.80 ($0.06) per share. This represents a dividend yield of 1.16%. The ex-dividend date is Wednesday, September 3rd.
Cineworld Group plc (LON:CINE) is an investment holding company.
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