Cineworld Group (LON:CINE)‘s stock had its “top pick” rating reaffirmed by equities research analysts at Royal Bank of Canada in a research report issued on Friday. They currently have a GBX 400 ($5.23) target price on the stock, up from their prior target price of GBX 350 ($4.57). Royal Bank of Canada’s price target points to a potential upside of 35.14% from the company’s previous close.
Several other equities analysts have also recently commented on CINE. Barclays boosted their target price on shares of Cineworld Group from GBX 305 ($3.99) to GBX 315 ($4.12) and gave the company an “equal weight” rating in a research report on Friday. Peel Hunt restated an “add” rating on shares of Cineworld Group in a research report on Thursday. Jefferies Financial Group restated a “buy” rating and issued a GBX 390 ($5.10) target price on shares of Cineworld Group in a research report on Thursday, March 7th. HSBC boosted their target price on shares of Cineworld Group from GBX 370 ($4.83) to GBX 440 ($5.75) and gave the company a “buy” rating in a research report on Monday, March 4th. Finally, UBS Group restated a “buy” rating and issued a GBX 375 ($4.90) target price (up from GBX 330 ($4.31)) on shares of Cineworld Group in a research report on Thursday, February 7th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 390.17 ($5.10).
LON CINE opened at GBX 296 ($3.87) on Friday. The company has a quick ratio of 0.64, a current ratio of 0.67 and a debt-to-equity ratio of 120.10. The stock has a market capitalization of $4.11 billion and a price-to-earnings ratio of 14.87. Cineworld Group has a 12-month low of GBX 223.80 ($2.92) and a 12-month high of GBX 325.40 ($4.25).
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.
Featured Article: Bollinger Bands
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.