Cineworld Group (CINE) Earns Hold Rating from Canaccord Genuity
CINE has been the topic of a number of other reports. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 780 ($10.58) price target on shares of Cineworld Group in a report on Wednesday, December 6th. Deutsche Bank reissued a buy rating and issued a GBX 825 ($11.19) price target on shares of Cineworld Group in a report on Tuesday, December 5th. Peel Hunt reissued a hold rating and issued a GBX 600 ($8.14) price target on shares of Cineworld Group in a report on Friday, January 5th. Berenberg Bank reissued a buy rating and issued a GBX 800 ($10.85) price target on shares of Cineworld Group in a report on Thursday, November 30th. Finally, Investec reissued a buy rating and issued a GBX 825 ($11.19) price target on shares of Cineworld Group in a report on Thursday, November 23rd. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 755.42 ($10.24).
Shares of Cineworld Group (LON:CINE) traded down GBX 23.50 ($0.32) during trading hours on Wednesday, hitting GBX 513.50 ($6.96). 5,653,163 shares of the company were exchanged, compared to its average volume of 1,280,000. The stock has a market cap of $1,410.00 and a P/E ratio of 1,426.39. Cineworld Group has a 52 week low of GBX 508.50 ($6.90) and a 52 week high of GBX 744.90 ($10.10).
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Cineworld Group 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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