Cineworld Group (LON:CINE) Earns “Buy” Rating from UBS Group

UBS Group reiterated their buy rating on shares of Cineworld Group (LON:CINE) in a report issued on Tuesday morning, Stock Target Advisor reports.

Several other equities research analysts also recently commented on the company. Morgan Stanley assumed coverage on Cineworld Group in a report on Wednesday, November 13th. They issued an underweight rating and a GBX 200 ($2.61) price objective for the company. Berenberg Bank restated a buy rating and set a GBX 360 ($4.70) target price on shares of Cineworld Group in a report on Wednesday, September 4th. Barclays reaffirmed an equal weight rating and set a GBX 315 ($4.12) price target on shares of Cineworld Group in a research report on Wednesday, November 13th. HSBC cut their price target on shares of Cineworld Group from GBX 380 ($4.97) to GBX 360 ($4.70) and set a buy rating for the company in a research note on Tuesday, November 26th. Finally, Jefferies Financial Group reissued a buy rating and issued a GBX 445 ($5.81) price objective on shares of Cineworld Group in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 324.67 ($4.24).

LON:CINE opened at GBX 214.20 ($2.80) on Tuesday. The firm has a market capitalization of $2.94 billion and a price-to-earnings ratio of 10.76. Cineworld Group has a twelve month low of GBX 190.70 ($2.49) and a twelve month high of GBX 322.30 ($4.21). The stock’s 50 day moving average price is GBX 214.27 and its two-hundred day moving average price is GBX 241.63. The company has a quick ratio of 0.37, a current ratio of 0.39 and a debt-to-equity ratio of 219.99.

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 1.41%. Cineworld Group’s dividend payout ratio (DPR) is presently 0.85%.

Cineworld Group Company Profile

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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Analyst Recommendations for Cineworld Group (LON:CINE)

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