Cineworld Group (LON:CINE)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
CINE has been the subject of a number of other reports. Barclays reiterated an “equal weight” rating and issued a GBX 315 ($4.12) price target on shares of Cineworld Group in a research note on Wednesday, November 13th. Berenberg Bank reissued a “buy” rating and issued a GBX 360 ($4.70) price target on shares of Cineworld Group in a report on Wednesday, September 4th. UBS Group restated a “buy” rating on shares of Cineworld Group in a report on Tuesday, December 3rd. Royal Bank of Canada restated a “top pick” rating and set a GBX 300 ($3.92) price objective (down previously from GBX 400 ($5.23)) on shares of Cineworld Group in a report on Tuesday, November 26th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 445 ($5.81) target price on shares of Cineworld Group in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 324.67 ($4.24).
Shares of CINE stock opened at GBX 215 ($2.81) on Monday. The stock’s fifty day moving average price is GBX 214.07 and its 200 day moving average price is GBX 241.19. Cineworld Group has a 1-year low of GBX 190.70 ($2.49) and a 1-year high of GBX 322.30 ($4.21). The company has a market cap of $2.95 billion and a price-to-earnings ratio of 10.80. The company has a debt-to-equity ratio of 219.99, a current ratio of 0.39 and a quick ratio of 0.37.
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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