Cineworld Group’s (CINE) Buy Rating Reaffirmed at Peel Hunt
Peel Hunt restated their buy rating on shares of Cineworld Group (LON:CINE) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Separately, Morgan Stanley lowered shares of Cineworld Group to an underweight rating and reduced their target price for the stock from GBX 180 ($2.22) to GBX 60 ($0.74) in a report on Monday, June 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of GBX 245.38 ($3.02).
Cineworld Group stock opened at GBX 38.20 ($0.47) on Wednesday. The firm has a 50 day moving average of GBX 61.82 and a 200 day moving average of GBX 94.63. The firm has a market capitalization of $524.09 million and a price-to-earnings ratio of 2.92. Cineworld Group has a 12-month low of GBX 0.57 ($0.01) and a 12-month high of GBX 257.20 ($3.17). The company has a current ratio of 0.30, a quick ratio of 0.25 and a debt-to-equity ratio of 266.09.
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.
Featured Article: Dow Jones Industrial Average (DJIA)
Receive News & Ratings for Cineworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cineworld Group and related companies with MarketBeat.com's FREE daily email newsletter.