Cineworld Group plc (CINE) Rating Reiterated by N+1 Singer

Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating reissued by analysts at N+1 Singer in a research note issued on Monday. They currently have a GBX 770 ($10.13) target price on the stock. N+1 Singer’s target price would indicate a potential upside of 18.55% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Berenberg Bank lifted their target price on shares of Cineworld Group plc from GBX 675 ($8.88) to GBX 800 ($10.52) and gave the company a “buy” rating in a report on Wednesday, July 26th. Peel Hunt lowered their target price on shares of Cineworld Group plc from GBX 775 ($10.19) to GBX 725 ($9.54) and set an “add” rating for the company in a report on Friday. Panmure Gordon started coverage on shares of Cineworld Group plc in a report on Thursday, September 28th. They set a “buy” rating and a GBX 750 ($9.86) target price for the company. Investec reiterated a “buy” rating and set a GBX 825 ($10.85) target price on shares of Cineworld Group plc in a report on Thursday, August 10th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 825 ($10.85) target price on shares of Cineworld Group plc in a report on Thursday, October 5th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 767.92 ($10.10).

Shares of Cineworld Group plc (LON:CINE) traded up GBX 9.50 ($0.12) on Monday, reaching GBX 649.50 ($8.54). 482,755 shares of the company’s stock traded hands, compared to its average volume of 453,506. Cineworld Group plc has a twelve month low of GBX 537 ($7.06) and a twelve month high of GBX 744.90 ($9.80).

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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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