Several other equities analysts also recently weighed in on the stock. Peel Hunt restated an add rating and set a GBX 775 ($9.86) target price on shares of Cineworld Group plc in a report on Friday, June 9th. Deutsche Bank AG restated a buy rating and set a GBX 825 ($10.49) target price on shares of Cineworld Group plc in a report on Sunday, May 28th. N+1 Singer restated a hold rating on shares of Cineworld Group plc in a report on Friday, May 26th. Barclays PLC restated an overweight rating on shares of Cineworld Group plc in a report on Friday, May 26th. Finally, HSBC Holdings plc raised their target price on shares of Cineworld Group plc from GBX 750 ($9.54) to GBX 785 ($9.98) and gave the company a buy rating in a report on Friday, May 19th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 745.45 ($9.48).
Investec reissued their buy rating on shares of Cineworld Group plc (LON:CINE) in a research note published on Thursday, June 15th. They currently have a GBX 825 ($10.49) price target on the stock.
Cineworld Group plc (CINE) opened at 695.50 on Thursday. The stock’s market cap is GBX 1.86 billion. Cineworld Group plc has a 12-month low of GBX 496.53 and a 12-month high of GBX 744.90. The firm has a 50-day moving average of GBX 712.42 and a 200-day moving average of GBX 644.38. In other Cineworld Group plc news, insider Moshe (Mooky) Greidinger sold 11,000 shares of the firm’s stock in a transaction dated Thursday, June 22nd. The shares were sold at an average price of GBX 675 ($8.59), for a total transaction of £74,250 ($94,441.62). Insiders have sold a total of 48,399 shares of company stock worth $32,752,924 over the last ninety days.
Cineworld Group plc 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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