Research analysts at Jefferies Financial Group began coverage on shares of Cineworld Group (LON:CINE) in a research report issued to clients and investors on Tuesday, January 22nd. The brokerage set a “buy” rating and a GBX 390 ($5.10) price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 46.18% from the stock’s previous close.
CINE has been the topic of several other reports. Numis Securities reaffirmed a “buy” rating on shares of Cineworld Group in a report on Wednesday, October 3rd. Peel Hunt reaffirmed an “add” rating on shares of Cineworld Group in a report on Wednesday, January 16th. Royal Bank of Canada started coverage on shares of Cineworld Group in a research note on Tuesday, December 4th. They issued an “outperform” rating on the stock. Finally, Barclays cut shares of Cineworld Group to an “equal weight” rating in a research note on Wednesday, October 24th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 395.33 ($5.17).
Shares of CINE stock opened at GBX 266.80 ($3.49) on Tuesday. Cineworld Group has a 12-month low of GBX 210.15 ($2.75) and a 12-month high of GBX 329.42 ($4.30).
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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