Cineworld Group Rating Reiterated by Panmure Gordon (CINE)
Cineworld Group (LON: CINE)‘s stock had its “sell” rating restated by equities researchers at Panmure Gordon in a report issued on Friday. They currently have a $3.57 (238 GBX) target price on the stock, down from their previous target price of $3.57 (238 GBX).
Cineworld Group traded down 1.29% on Friday, hitting GBX 267.50. Cineworld Group has a 52-week low of GBX 178.70 and a 52-week high of GBX 253.00. The stock’s 50-day moving average is currently GBX 245.3. The company’s market cap is £381.9 million.
A number of other firms have also recently commented on CINE. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Cineworld Group in a research note to investors on Friday. They now have a $5.31 price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Cineworld Group in a research note to investors on Tuesday, January 8th. They now have a $4.75 price target on the stock.
Cineworld Group plc (Cineworld) is an investment holding company. The Company’s subsidiaries are principal activity is the operation of cinemas in the United Kingdom and Ireland for the exhibition of films and related retail activity.