Cineworld Group plc Declares Dividend of GBX 6 (CINE)
Cineworld Group plc (LON:CINE) announced a dividend on Thursday, August 10th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 24th will be given a dividend of GBX 6 ($0.08) per share on Thursday, September 21st. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, August 24th. The official announcement can be accessed at this link.
Shares of Cineworld Group plc (CINE) opened at 693.50 on Friday. The stock has a 50 day moving average price of GBX 698.03 and a 200-day moving average price of GBX 679.96. The stock’s market cap is GBX 1.88 billion. Cineworld Group plc has a 12-month low of GBX 528.00 and a 12-month high of GBX 744.90.
In other Cineworld Group plc news, insider Moshe (Mooky) Greidinger sold 21,999 shares of Cineworld Group plc stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of GBX 676 ($8.78), for a total value of £148,713.24 ($193,058.86). Over the last 90 days, insiders have sold 48,399 shares of company stock worth $32,752,924.
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Several equities research analysts have commented on the stock. Canaccord Genuity boosted their price target on shares of Cineworld Group plc from GBX 630 ($8.18) to GBX 700 ($9.09) and gave the stock a “hold” rating in a research report on Thursday, August 10th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 750 ($9.74) target price on shares of Cineworld Group plc in a report on Thursday, August 10th. Peel Hunt reissued an “add” rating and issued a GBX 775 ($10.06) price target on shares of Cineworld Group plc in a report on Wednesday. N+1 Singer reissued a “hold” rating on shares of Cineworld Group plc in a report on Friday, May 26th. Finally, Barclays PLC reissued an “overweight” rating on shares of Cineworld Group plc in a report on Friday, May 26th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 774.09 ($10.05).
Cineworld Group plc Company Profile
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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