Cineworld Group plc (CINE) Given Average Rating of “Buy” by Analysts
Shares of Cineworld Group plc (LON:CINE) have received an average rating of “Buy” from the eleven analysts that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 758.89 ($9.89).
Several equities research analysts have recently issued reports on CINE shares. Investec reiterated a “buy” rating and set a GBX 825 ($10.75) price objective on shares of Cineworld Group plc in a research report on Thursday, June 15th. Peel Hunt reiterated an “add” rating and set a GBX 675 ($8.79) price objective on shares of Cineworld Group plc in a research report on Wednesday, April 12th. Deutsche Bank AG started coverage on shares of Cineworld Group plc in a research report on Monday, May 22nd. They set a “buy” rating and a GBX 825 ($10.75) price objective on the stock. Barclays PLC reiterated an “overweight” rating on shares of Cineworld Group plc in a research report on Friday, May 26th. Finally, Citigroup Inc. reiterated a “buy” rating and set a GBX 785 ($10.23) price objective on shares of Cineworld Group plc in a research report on Monday, April 10th.
Cineworld Group plc (LON CINE) traded down 1.15% during trading on Monday, reaching GBX 689.00. 297,470 shares of the company’s stock were exchanged. The stock’s 50-day moving average is GBX 694.47 and its 200-day moving average is GBX 664.24. Cineworld Group plc has a 12-month low of GBX 528.00 and a 12-month high of GBX 744.90. The company’s market cap is GBX 1.84 billion.
In related news, insider Moshe (Mooky) Greidinger sold 15,400 shares of the firm’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of GBX 679 ($8.85), for a total value of £104,566 ($136,224.60). Over the last three months, insiders sold 48,399 shares of company stock valued at $32,752,924.
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About Cineworld Group plc
Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.
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