Cineworld Group plc Given Consensus Rating of “Buy” by Brokerages (LON:CINE)
Shares of Cineworld Group plc (LON:CINE) have earned a consensus recommendation of “Buy” from the eight analysts that are presently covering the stock, AnalystRatingsNetwork reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 383.88 ($6.35).
Cineworld Group plc (LON:CINE) opened at 328.00 on Friday. 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 327.0 and its 200-day moving average is GBX 327.3. The company’s market cap is £865.3 million.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Investors of record on Wednesday, September 3rd will be given a dividend of GBX 3.80 ($0.06) per share. This represents a yield of 1.16%. The ex-dividend date of this dividend is Wednesday, September 3rd.
Several analysts have recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of Cineworld Group plc in a research note on Thursday, August 14th. They now have a GBX 400 ($6.62) 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 Thursday, August 14th. They now have a GBX 403 ($6.67) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “sell” rating on shares of Cineworld Group plc in a research note on Thursday, August 14th. They now have a GBX 295 ($4.88) price target on the stock.
Cineworld Group plc (LON:CINE) is an investment holding company.
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