Several other research analysts have also issued reports on CINE. Panmure Gordon initiated coverage on Cineworld Group in a research report on Thursday, September 28th. They set a buy rating and a GBX 750 ($10.17) target price on the stock. Deutsche Bank reaffirmed a buy rating and set a GBX 825 ($11.19) target price on shares of Cineworld Group in a research report on Thursday, October 5th. Peel Hunt reaffirmed an add rating and set a GBX 775 ($10.51) target price on shares of Cineworld Group in a research report on Wednesday, October 25th. N+1 Singer reaffirmed a buy rating and set a GBX 770 ($10.44) target price on shares of Cineworld Group in a research report on Monday, November 20th. Finally, Numis Securities reaffirmed a hold rating and set a GBX 750 ($10.17) target price on shares of Cineworld Group in a research report on Thursday, November 23rd. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of Buy and an average target price of GBX 755.42 ($10.24).
Shares of Cineworld Group (LON:CINE) traded down GBX 23.50 ($0.32) during trading hours on Thursday, reaching GBX 513.50 ($6.96). The company had a trading volume of 5,653,163 shares, compared to its average volume of 1,280,000. Cineworld Group has a 12 month low of GBX 508.50 ($6.90) and a 12 month high of GBX 744.90 ($10.10). The firm has a market cap of $1,410.00 and a price-to-earnings ratio of 1,426.39.
COPYRIGHT VIOLATION NOTICE: This report was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3149091/jpmorgan-chase-co-reaffirms-overweight-rating-for-cineworld-group-cine.html.
About Cineworld Group
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.
Receive News & Ratings for Cineworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cineworld Group and related companies with MarketBeat.com's FREE daily email newsletter.