Cineworld Group plc (CINE) Given Average Rating of “Buy” by Brokerages
Cineworld Group plc (LON:CINE) has received a consensus recommendation of “Buy” from the twelve analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 776.82 ($10.25).
Several equities analysts have issued reports on CINE shares. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 750 ($9.90) price objective on shares of Cineworld Group plc in a report on Thursday, August 10th. Berenberg Bank increased their price objective on shares of Cineworld Group plc from GBX 675 ($8.91) to GBX 800 ($10.56) and gave the company a “buy” rating in a report on Wednesday, July 26th. Canaccord Genuity increased their price objective on shares of Cineworld Group plc from GBX 630 ($8.31) to GBX 700 ($9.24) and gave the company a “hold” rating in a report on Thursday, August 10th. Peel Hunt reaffirmed an “add” rating and set a GBX 775 ($10.23) price objective on shares of Cineworld Group plc in a report on Wednesday, August 16th. Finally, N+1 Singer raised shares of Cineworld Group plc to a “buy” rating and raised their price target for the stock from GBX 760 ($10.03) to GBX 770 ($10.16) in a research note on Thursday, August 10th.
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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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