Cineworld Group plc’s Buy Rating Reaffirmed at Investec (CINE)
Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating restated by research analysts at Investec in a report released on Thursday. They currently have a GBX 400 ($6.71) target price on the stock. Investec’s target price would indicate a potential upside of 21.95% from the stock’s previous close.
Shares of Cineworld Group plc (LON:CINE) opened at 326.30 on Thursday. Cineworld Group plc has a 52-week low of GBX 290.00 and a 52-week high of GBX 402.09. The stock’s 50-day moving average is GBX 328. and its 200-day moving average is GBX 329.1. The company’s market cap is £489.1 million.
CINE has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group plc in a research note on Thursday. They now have a GBX 403 ($6.76) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “sell” rating on shares of Cineworld Group plc in a research note on Thursday. They now have a GBX 295 ($4.95) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Cineworld Group plc in a research note on Thursday. They now have a GBX 420 ($7.05) price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 383.88 ($6.44).
Cineworld Group plc (LON:CINE) is an investment holding company.
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