Cineworld Group plc (CINE) Earns Overweight Rating from Barclays PLC
A number of other research firms have also weighed in on CINE. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Cineworld Group plc in a report on Wednesday, June 1st. Berenberg Bank reaffirmed a buy rating and set a GBX 650 ($8.48) price target on shares of Cineworld Group plc in a report on Monday, June 13th. Canaccord Genuity reaffirmed a hold rating and set a GBX 520 ($6.79) price target on shares of Cineworld Group plc in a report on Thursday, May 19th. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 650 ($8.48) price target on shares of Cineworld Group plc in a report on Thursday, August 11th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of GBX 629.30 ($8.21).
Cineworld Group plc (LON:CINE) opened at 571.00 on Friday. Cineworld Group plc has a 1-year low of GBX 454.70 and a 1-year high of GBX 618.00. The firm has a 50-day moving average of GBX 581.92 and a 200-day moving average of GBX 552.75. The firm’s market capitalization is GBX 1.52 billion.
The firm also recently declared a dividend, which was paid on Friday, September 9th. Stockholders of record on Thursday, August 18th were given a GBX 5.20 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a dividend yield of 0.89%.
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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