Cineworld Group (LON:CINE) was upgraded by investment analysts at Numis Securities to a “buy” rating in a research report issued on Thursday. The brokerage presently has a GBX 825 ($11.03) price objective on the stock. Numis Securities’ price objective indicates a potential upside of 35.06% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Investec reissued a “buy” rating and set a GBX 825 ($11.03) price objective on shares of Cineworld Group in a research note on Thursday, November 23rd. Peel Hunt downgraded shares of Cineworld Group to a “hold” rating and reduced their price objective for the company from GBX 725 ($9.69) to GBX 600 ($8.02) in a research note on Tuesday, December 5th. N+1 Singer reissued a “buy” rating and set a GBX 770 ($10.30) price objective on shares of Cineworld Group in a research note on Monday, November 20th. Canaccord Genuity reissued a “hold” rating and set a GBX 700 ($9.36) price objective on shares of Cineworld Group in a research note on Thursday, November 23rd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 800 ($10.70) price objective on shares of Cineworld Group in a research note on Thursday, November 30th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Cineworld Group currently has an average rating of “Buy” and an average target price of GBX 755.42 ($10.10).
Cineworld Group (LON CINE) opened at GBX 610.85 ($8.17) on Thursday. The stock has a market cap of $1,660.00 and a P/E ratio of 1,696.81. Cineworld Group has a one year low of GBX 508.50 ($6.80) and a one year high of GBX 744.90 ($9.96).
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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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