Cineworld Group plc’s (CINE) “Buy” Rating Reiterated at Deutsche Bank AG
Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank AG in a research note issued on Thursday. They presently have a GBX 825 ($10.94) price objective on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 18.79% from the company’s previous close.
A number of other analysts also recently weighed in on CINE. Numis Securities Ltd reissued a “hold” rating and issued a GBX 750 ($9.95) price target on shares of Cineworld Group plc in a report on Thursday, August 10th. Investec reissued a “buy” rating and issued a GBX 825 ($10.94) price target on shares of Cineworld Group plc in a report on Thursday, August 10th. Peel Hunt reissued an “add” rating and issued a GBX 775 ($10.28) price target on shares of Cineworld Group plc in a report on Wednesday, August 16th. N+1 Singer raised shares of Cineworld Group plc to a “buy” rating and increased their price target for the company from GBX 760 ($10.08) to GBX 770 ($10.21) in a report on Thursday, August 10th. Finally, Canaccord Genuity increased their price target on shares of Cineworld Group plc from GBX 630 ($8.36) to GBX 700 ($9.29) and gave the company a “hold” rating in a report on Thursday, August 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Cineworld Group plc currently has a consensus rating of “Buy” and a consensus price target of GBX 772.08 ($10.24).
Shares of Cineworld Group plc (LON:CINE) opened at 693.00 on Thursday. The stock has a 50 day moving average of GBX 658.61 and a 200 day moving average of GBX 684.85. The company’s market cap is GBX 1.88 billion. Cineworld Group plc has a 52-week low of GBX 528.00 and a 52-week high of GBX 744.90.
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About Cineworld Group plc
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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