Cineworld Group (LON:CINE) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Cineworld Group (LON:CINE) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also commented on CINE. Berenberg Bank restated a buy rating on shares of Cineworld Group in a research report on Thursday, January 23rd. Citigroup upped their price objective on Cineworld Group from GBX 300 ($3.95) to GBX 330 ($4.34) and gave the stock a buy rating in a research report on Tuesday, January 21st. Jefferies Financial Group restated a buy rating and issued a GBX 445 ($5.85) price objective on shares of Cineworld Group in a research report on Friday, November 22nd. Barclays restated an equal weight rating and issued a GBX 315 ($4.14) price objective on shares of Cineworld Group in a research report on Wednesday, November 13th. Finally, Peel Hunt restated a buy rating and issued a GBX 300 ($3.95) price objective on shares of Cineworld Group in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Cineworld Group presently has a consensus rating of Buy and an average price target of GBX 306.92 ($4.04).

Cineworld Group stock traded down GBX 1.30 ($0.02) during mid-day trading on Thursday, hitting GBX 181.45 ($2.39). The company had a trading volume of 2,786,996 shares, compared to its average volume of 6,490,000. The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 219.99. Cineworld Group has a 12-month low of GBX 175 ($2.30) and a 12-month high of GBX 322.30 ($4.24). The company’s fifty day moving average is GBX 195.56 and its 200-day moving average is GBX 216.21. The company has a market capitalization of $2.49 billion and a price-to-earnings ratio of 9.12.

In other Cineworld Group news, insider Camela Galano bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average price of GBX 178 ($2.34) per share, for a total transaction of £17,800 ($23,414.89). Also, insider Alicja Kornasiewicz bought 43,000 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of GBX 227 ($2.99) per share, for a total transaction of £97,610 ($128,400.42). In the last 90 days, insiders acquired 57,127 shares of company stock worth $12,486,083.

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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