Cineworld Group (LON:CINE)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research report issued on Tuesday. They currently have a GBX 825 ($11.10) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 54.78% from the stock’s current price.
A number of other research firms have also commented on CINE. Peel Hunt reissued an “add” rating and issued a GBX 775 ($10.43) price target on shares of Cineworld Group in a research report on Wednesday, August 16th. Canaccord Genuity increased their price target on Cineworld Group from GBX 630 ($8.48) to GBX 700 ($9.42) and gave the company a “hold” rating in a research report on Thursday, August 10th. Investec reissued a “buy” rating and issued a GBX 825 ($11.10) price target on shares of Cineworld Group in a research report on Thursday, August 10th. Numis Securities reissued a “hold” rating and issued a GBX 750 ($10.09) price target on shares of Cineworld Group in a research report on Thursday, August 10th. Finally, N+1 Singer raised Cineworld Group to a “buy” rating and increased their price target for the company from GBX 760 ($10.23) to GBX 770 ($10.36) in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Cineworld Group has an average rating of “Buy” and an average target price of GBX 763.75 ($10.28).
Shares of Cineworld Group (LON CINE) opened at GBX 533 ($7.17) on Tuesday. Cineworld Group has a 12-month low of GBX 508.50 ($6.84) and a 12-month high of GBX 744.90 ($10.03).
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Cineworld Group 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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