Analysts Set Cineworld Group plc (CINE) Price Target at $776.82

Shares of Cineworld Group plc (LON:CINE) have earned an average rating of “Buy” from the twelve analysts that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 776.82 ($10.21).

A number of research firms have commented on CINE. Deutsche Bank AG reiterated a “buy” rating and set a GBX 825 ($10.85) price objective on shares of Cineworld Group plc in a research note on Thursday, October 5th. Panmure Gordon began coverage on shares of Cineworld Group plc in a research note on Thursday, September 28th. They set a “buy” rating and a GBX 750 ($9.86) price objective on the stock. Peel Hunt reiterated an “add” rating and set a GBX 775 ($10.19) price objective on shares of Cineworld Group plc in a research note on Wednesday, August 16th. Canaccord Genuity increased their price objective on shares of Cineworld Group plc from GBX 630 ($8.28) to GBX 700 ($9.20) and gave the company a “hold” rating in a research note on Thursday, August 10th. Finally, Investec reiterated a “buy” rating and set a GBX 825 ($10.85) price objective on shares of Cineworld Group plc in a research note on Thursday, August 10th.

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Shares of Cineworld Group plc (LON:CINE) traded down 0.36% during midday trading on Friday, reaching GBX 699.50. The company’s stock had a trading volume of 260,683 shares. The company has a 50 day moving average price of GBX 657.57 and a 200-day moving average price of GBX 686.47. The stock’s market capitalization is GBX 1.90 billion. Cineworld Group plc has a 52 week low of GBX 528.00 and a 52 week high of GBX 744.90.

The company also recently disclosed a dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, August 24th were given a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend was Thursday, August 24th. This represents a yield of 0.84%.

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.

Analyst Recommendations for Cineworld Group plc (LON:CINE)

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