Peel Hunt Increases Cineworld Group plc (CINE) Price Target to GBX 775

Cineworld Group plc (LON:CINE) had its target price raised by Peel Hunt from GBX 675 ($8.71) to GBX 775 ($10.00) in a report published on Wednesday, May 10th. Peel Hunt currently has an add rating on the stock.

CINE has been the subject of several other research reports. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 720 ($9.29) price target on shares of Cineworld Group plc in a report on Friday, March 24th. HSBC Holdings plc reissued a buy rating and issued a GBX 720 ($9.29) price target on shares of Cineworld Group plc in a report on Thursday, January 12th. N+1 Singer reaffirmed a buy rating and set a GBX 650 ($8.39) target price on shares of Cineworld Group plc in a research note on Thursday, March 9th. Citigroup Inc reaffirmed a buy rating and set a GBX 785 ($10.13) target price on shares of Cineworld Group plc in a research note on Monday, April 10th. Finally, Canaccord Genuity lifted their target price on shares of Cineworld Group plc from GBX 550 ($7.10) to GBX 630 ($8.13) and gave the stock a hold rating in a research note on Wednesday, March 22nd. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Cineworld Group plc has an average rating of Buy and a consensus price target of GBX 737.50 ($9.52).

Cineworld Group plc (LON:CINE) opened at 726.50 on Wednesday. The company’s market capitalization is GBX 1.94 billion. The firm has a 50-day moving average of GBX 694.93 and a 200 day moving average of GBX 616.68. Cineworld Group plc has a one year low of GBX 496.53 and a one year high of GBX 744.90.

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The company also recently declared a dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, May 25th will be given a dividend of GBX 13.80 ($0.18) per share. This is a boost from Cineworld Group plc’s previous dividend of $5.20. The ex-dividend date is Thursday, May 25th. This represents a dividend yield of 2.13%.

Cineworld Group plc 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.

12 Month Chart for LON:CINE

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