Morgan Stanley upgraded shares of Cineworld Group (LON:CINE) to an equal weight rating in a research report report published on Thursday, Stock Target Advisor reports.

Several other research firms have also recently weighed in on CINE. Goldman Sachs Group decreased their target price on Cineworld Group from GBX 295 ($3.88) to GBX 280 ($3.68) and set a buy rating for the company in a research note on Wednesday, December 4th. Peel Hunt restated a buy rating on shares of Cineworld Group in a research note on Thursday. Jefferies Financial Group restated a buy rating and set a GBX 445 ($5.85) target price on shares of Cineworld Group in a research note on Friday, November 22nd. Royal Bank of Canada reaffirmed a top pick rating and set a GBX 300 ($3.95) price target (down previously from GBX 400 ($5.26)) on shares of Cineworld Group in a research report on Tuesday, November 26th. Finally, Barclays reaffirmed an equal weight rating and set a GBX 315 ($4.14) price target on shares of Cineworld Group in a research report on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 306.92 ($4.04).

CINE stock traded down GBX 1.30 ($0.02) during trading on Thursday, hitting GBX 181.45 ($2.39). 2,786,996 shares of the company’s stock were exchanged, compared to its average volume of 6,490,000. The business has a 50-day moving average price of GBX 195.56 and a two-hundred day moving average price of GBX 216.21. The stock has a market capitalization of $2.49 billion and a price-to-earnings ratio of 9.12. Cineworld Group has a 52-week low of GBX 175 ($2.30) and a 52-week high of GBX 322.30 ($4.24). The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 219.99.

In related news, insider Alicja Kornasiewicz bought 43,000 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of GBX 227 ($2.99) per share, with a total value of £97,610 ($128,400.42). Also, insider Camela Galano bought 10,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of GBX 178 ($2.34) per share, for a total transaction of £17,800 ($23,414.89). In the last ninety days, insiders have 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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