Cineworld Group (LON:CINE) had its price target boosted by investment analysts at Barclays from GBX 305 ($3.99) to GBX 315 ($4.12) in a research note issued to investors on Friday. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s price target suggests a potential upside of 5.70% from the stock’s current price.
CINE has been the subject of several other research reports. Jefferies Financial Group started coverage on shares of Cineworld Group in a research note on Tuesday, January 22nd. They issued a “buy” rating and a GBX 390 ($5.10) price objective for the company. Royal Bank of Canada reiterated a “top pick” rating on shares of Cineworld Group in a research note on Friday, February 1st. Peel Hunt reiterated an “add” rating on shares of Cineworld Group in a research note on Wednesday, January 16th. Numis Securities reiterated a “buy” rating and issued a GBX 421 ($5.50) price objective on shares of Cineworld Group in a research note on Monday, December 17th. Finally, HSBC increased their price objective on shares of Cineworld Group from GBX 370 ($4.83) to GBX 440 ($5.75) and gave the company a “buy” rating in a research note on Monday, March 4th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Cineworld Group currently has a consensus rating of “Buy” and an average price target of GBX 390.17 ($5.10).
LON:CINE opened at GBX 298 ($3.89) on Friday. The company has a quick ratio of 0.64, a current ratio of 0.67 and a debt-to-equity ratio of 120.10. The stock has a market capitalization of $4.11 billion and a price-to-earnings ratio of 14.97. Cineworld Group has a 52 week low of GBX 223.80 ($2.92) and a 52 week high of GBX 325.40 ($4.25).
Cineworld Group Company Profile
Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.
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