Cineworld Group plc (LON:CINE) has earned a consensus recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 797.50 ($10.42).
A number of research firms have recently issued reports on CINE. Canaccord Genuity reissued a “buy” rating on shares of Cineworld Group in a report on Thursday, August 9th. Barclays lowered Cineworld Group to an “equal weight” rating in a report on Wednesday, October 24th. HSBC raised Cineworld Group to a “buy” rating in a report on Tuesday, September 11th. Peel Hunt reissued an “add” rating on shares of Cineworld Group in a report on Thursday. Finally, UBS Group reissued a “buy” rating on shares of Cineworld Group in a report on Wednesday, September 5th.
Shares of LON:CINE traded down GBX 10 ($0.13) during trading on Friday, reaching GBX 284.40 ($3.72). The company had a trading volume of 3,722,572 shares, compared to its average volume of 6,490,000. Cineworld Group has a fifty-two week low of GBX 210.15 ($2.75) and a fifty-two week high of GBX 329.42 ($4.30).
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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