Cineworld Group plc (CINE) Stock Rating Reaffirmed by Peel Hunt

Cineworld Group plc (LON:CINE)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 775 ($10.09) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 8.01% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Deutsche Bank AG reissued a “buy” rating and issued a GBX 825 ($10.74) price objective on shares of Cineworld Group plc in a report on Tuesday, July 11th. Investec reissued a “buy” rating and issued a GBX 825 ($10.74) price objective on shares of Cineworld Group plc in a report on Thursday, June 15th. HSBC Holdings plc boosted their price objective on shares of Cineworld Group plc from GBX 750 ($9.77) to GBX 785 ($10.22) and gave the company a “buy” rating in a report on Friday, May 19th. Berenberg Bank reissued a “buy” rating and issued a GBX 675 ($8.79) price objective on shares of Cineworld Group plc in a report on Tuesday, April 25th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 750 ($9.77) price objective on shares of Cineworld Group plc in a report on Tuesday, July 25th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Cineworld Group plc currently has an average rating of “Buy” and a consensus price target of GBX 774.09 ($10.08).

Cineworld Group plc (LON CINE) opened at 717.50 on Thursday. The company’s market cap is GBX 1.92 billion. Cineworld Group plc has a 52 week low of GBX 528.00 and a 52 week high of GBX 744.90. The firm’s 50-day moving average is GBX 695.68 and its 200-day moving average is GBX 676.77.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/08/12/cineworld-group-plc-cine-stock-rating-reaffirmed-by-peel-hunt.html.

In other news, insider Moshe (Mooky) Greidinger sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of GBX 675 ($8.79), for a total transaction of £74,250 ($96,692.28). In the last ninety days, insiders have sold 48,399 shares of company stock valued at $32,752,924.

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.

Analyst Recommendations for Cineworld Group plc (LON:CINE)

What are top analysts saying about Cineworld Group plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cineworld Group plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit