Cineworld Group plc (CINE) Given “Overweight” Rating at Barclays PLC

Barclays PLC reissued their overweight rating on shares of Cineworld Group plc (LON:CINE) in a research note issued to investors on Friday, May 26th.

Several other equities research analysts have also recently commented on the stock. HSBC Holdings plc reissued a buy rating and set a GBX 720 ($9.17) price target on shares of Cineworld Group plc in a research report on Thursday, March 16th. Deutsche Bank AG assumed coverage on shares of Cineworld Group plc in a report on Monday, May 22nd. They issued a buy rating and a GBX 825 ($10.51) price target on the stock. Berenberg Bank restated a buy rating and set a GBX 675 ($8.60) target price on shares of Cineworld Group plc in a research report on Thursday, February 9th. Peel Hunt increased their target price on shares of Cineworld Group plc from GBX 675 ($8.60) to GBX 775 ($9.87) and gave the stock an add rating in a research report on Wednesday, May 10th. Finally, J P Morgan Chase & Co restated an overweight rating and set a GBX 780 ($9.94) target price on shares of Cineworld Group plc in a research report on Friday, May 19th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 745.45 ($9.50).

Shares of Cineworld Group plc (LON CINE) traded up 0.81% during trading on Friday, reaching GBX 682.00. The company’s stock had a trading volume of 222,304 shares. Cineworld Group plc has a 12 month low of GBX 496.53 and a 12 month high of GBX 744.90. The company’s 50-day moving average is GBX 712.42 and its 200-day moving average is GBX 644.38. The company’s market capitalization is GBX 1.82 billion.

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About Cineworld Group plc

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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