Cineworld Group (LON:CINE)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a report issued on Tuesday, December 5th. They currently have a GBX 825 ($11.03) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 37.27% from the stock’s current price.
A number of other research firms have also recently issued reports on CINE. Peel Hunt reiterated an “add” rating and issued a GBX 725 ($9.69) price objective on shares of Cineworld Group in a report on Thursday, November 23rd. N+1 Singer raised Cineworld Group to a “buy” rating and upped their price target for the company from GBX 760 ($10.16) to GBX 770 ($10.30) in a research report on Thursday, August 10th. Investec reaffirmed a “buy” rating and set a GBX 825 ($11.03) price target on shares of Cineworld Group in a research report on Thursday, August 10th. Panmure Gordon initiated coverage on Cineworld Group in a research report on Thursday, September 28th. They issued a “buy” rating and a GBX 750 ($10.03) target price for the company. Finally, Numis Securities reiterated a “buy” rating and set a GBX 825 ($11.03) target price on shares of Cineworld Group in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 755.42 ($10.10).
Cineworld Group (LON:CINE) traded up GBX 1.50 ($0.02) during trading on Tuesday, reaching GBX 601 ($8.04). The company’s stock had a trading volume of 254,337 shares, compared to its average volume of 1,450,000. The company has a market capitalization of $1,640.00 and a P/E ratio of 1,669.44. Cineworld Group has a 1 year low of GBX 508.50 ($6.80) and a 1 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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