Cineworld Group (LON:CINE) Stock Rating Reaffirmed by Peel Hunt

Cineworld Group (LON:CINE)‘s stock had its “add” rating reiterated by research analysts at Peel Hunt in a report released on Wednesday, March 27th, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also weighed in on the company. Barclays upped their price objective on Cineworld Group from GBX 305 ($3.99) to GBX 315 ($4.12) and gave the stock an “equal weight” rating in a report on Friday, March 15th. Royal Bank of Canada reiterated a “top pick” rating on shares of Cineworld Group in a report on Tuesday, December 18th. Numis Securities reiterated a “buy” rating and issued a GBX 421 ($5.50) price target on shares of Cineworld Group in a report on Monday, December 17th. HSBC increased their price target on Cineworld Group from GBX 370 ($4.83) to GBX 440 ($5.75) and gave the company a “buy” rating in a report on Monday, March 4th. Finally, Jefferies Financial Group assumed coverage on Cineworld Group in a report on Tuesday, January 22nd. They issued a “buy” rating and a GBX 390 ($5.10) price target for the company. Two 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 company’s stock. Cineworld Group presently has a consensus rating of “Buy” and a consensus price target of GBX 379.56 ($4.96).

Shares of Cineworld Group stock traded up GBX 1.90 ($0.02) during trading hours on Wednesday, reaching GBX 319.60 ($4.18). 2,405,832 shares of the company’s stock were exchanged, compared to its average volume of 6,490,000. Cineworld Group has a 52-week low of GBX 241.80 ($3.16) and a 52-week high of GBX 325.40 ($4.25). The firm has a market cap of $4.38 billion and a PE ratio of 14.27. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 118.40.

About Cineworld Group

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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Analyst Recommendations for Cineworld Group (LON:CINE)

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