Cineworld Group plc (LON:CINE) has been given a consensus recommendation of “Buy” by the twelve research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 758.64 ($10.21).
A number of research analysts have recently issued reports on the company. Peel Hunt reissued an “add” rating and issued a GBX 725 ($9.76) price objective on shares of Cineworld Group in a research note on Wednesday, November 29th. N+1 Singer reaffirmed a “buy” rating and issued a GBX 770 ($10.36) price target on shares of Cineworld Group in a report on Monday, November 20th. Deutsche Bank reiterated a “buy” rating and issued a GBX 825 ($11.10) price objective on shares of Cineworld Group in a research note on Thursday, October 5th. Panmure Gordon started coverage on shares of Cineworld Group in a research note on Thursday, September 28th. They issued a “buy” rating and a GBX 750 ($10.09) price objective on the stock. Finally, Numis Securities reiterated a “buy” rating and issued a GBX 825 ($11.10) price objective on shares of Cineworld Group in a research note on Tuesday, November 28th.
Cineworld Group (LON CINE) traded down GBX 2 ($0.03) during trading on Thursday, reaching GBX 603 ($8.12). The company’s stock had a trading volume of 583,523 shares, compared to its average volume of 1,460,000. Cineworld Group has a 12-month low of GBX 508.50 ($6.84) and a 12-month high of GBX 744.90 ($10.03). The company has a market cap of $1,660.00 and a price-to-earnings ratio of 1,675.00.
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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