Cineworld Group plc (CINE) Insider Nisan Cohen Sells 1,450 Shares
Cineworld Group plc (LON:CINE) insider Nisan Cohen sold 1,450 shares of the business’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of GBX 538 ($7.30), for a total transaction of £7,801 ($10,579.06).
Shares of Cineworld Group plc (LON:CINE) traded down GBX 23.50 ($0.32) during trading hours on Friday, hitting GBX 513.50 ($6.96). 4,540,378 shares of the company’s stock were exchanged, compared to its average volume of 1,280,000. The firm has a market capitalization of $1,470.00 and a PE ratio of 1,426.39. Cineworld Group plc has a 52 week low of GBX 508.50 ($6.90) and a 52 week high of GBX 744.90 ($10.10).
Several analysts recently issued reports on CINE shares. Numis Securities reaffirmed a “buy” rating and issued a GBX 825 ($11.19) price target on shares of Cineworld Group in a report on Tuesday, November 28th. Panmure Gordon started coverage on shares of Cineworld Group in a report on Thursday, September 28th. They issued a “buy” rating and a GBX 750 ($10.17) price target on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 780 ($10.58) price target on shares of Cineworld Group in a report on Wednesday, December 6th. Peel Hunt reaffirmed an “add” rating and issued a GBX 725 ($9.83) price target on shares of Cineworld Group in a report on Wednesday, November 29th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a GBX 825 ($11.19) price target on shares of Cineworld Group in a report on Tuesday, December 5th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 755.42 ($10.24).
About Cineworld Group
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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