Cineworld Group (LON:CINE) Stock Rating Reaffirmed by UBS Group

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UBS Group reaffirmed their buy rating on shares of Cineworld Group (LON:CINE) in a research note published on Thursday, ThisIsMoney.Co.Uk reports. UBS Group currently has a GBX 345 ($4.51) price target on the stock, down from their prior price target of GBX 375 ($4.90).

CINE has been the subject of several other reports. Numis Securities reiterated a buy rating on shares of Cineworld Group in a report on Friday, June 14th. Royal Bank of Canada reiterated a top pick rating and issued a GBX 400 ($5.23) price objective on shares of Cineworld Group in a report on Friday, August 9th. Barclays reiterated an equal weight rating and issued a GBX 315 ($4.12) price objective on shares of Cineworld Group in a report on Friday, August 9th. Berenberg Bank reissued a buy rating and issued a GBX 360 ($4.70) target price on shares of Cineworld Group in a research report on Wednesday, September 4th. Finally, Canaccord Genuity reissued a buy rating and issued a GBX 355 ($4.64) target price on shares of Cineworld Group in a research report on Friday, June 21st. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Cineworld Group currently has a consensus rating of Buy and a consensus target price of GBX 374.10 ($4.89).

LON CINE opened at GBX 241.20 ($3.15) on Thursday. Cineworld Group has a one year low of GBX 206 ($2.69) and a one year high of GBX 325.40 ($4.25). The stock has a 50-day moving average of GBX 233.95 and a 200 day moving average of GBX 273.89. The company has a market capitalization of $3.31 billion and a price-to-earnings ratio of 12.12. The company has a debt-to-equity ratio of 219.99, a quick ratio of 0.37 and a current ratio of 0.39.

The company also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, December 12th will be given a $0.04 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 1.41%. Cineworld Group’s payout ratio is 0.85%.

Cineworld Group Company Profile

Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.

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Analyst Recommendations for Cineworld Group (LON:CINE)

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