Is there a Bearish outlook for Cineworld Group plc (LON:CINE) this week?

January 13, 2018 - By Migdalia James

 Is there a Bearish outlook for Cineworld Group plc (LON:CINE) this week?

Cineworld Group plc (LON:CINE) Ratings Coverage

Among 14 analysts covering Cineworld Group PLC (LON:CINE), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Cineworld Group PLC had 154 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Monday, November 2 with “Overweight”. The rating was maintained by Numis Securities with “Hold” on Thursday, November 23. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 7. Investec maintained the shares of CINE in report on Thursday, August 10 with “Buy” rating. The rating was maintained by Citigroup on Thursday, March 17 with “Buy”. The stock has “Add” rating by Peel Hunt on Thursday, March 9. Berenberg maintained Cineworld Group plc (LON:CINE) rating on Friday, December 15. Berenberg has “Buy” rating and GBX 700 target. The stock of Cineworld Group plc (LON:CINE) earned “Add” rating by Numis Securities on Thursday, August 13. As per Tuesday, January 24, the company rating was downgraded by Peel Hunt. The stock has “Buy” rating by Berenberg on Wednesday, November 11. Below is a list of Cineworld Group plc (LON:CINE) latest ratings and price target changes.

12/01/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 600.00 New Target: GBX 600.00 Maintain
05/01/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 600.00 New Target: GBX 600.00 Maintain
04/01/2018 Broker: Numis Securities Rating: Buy New Target: GBX 825.00 Upgrade
15/12/2017 Broker: Berenberg Rating: Buy Old Target: GBX 800.00 New Target: GBX 700.00 Maintain
06/12/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 780.00 New Target: GBX 780.00 Maintain
06/12/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 825.00 New Target: GBX 825.00 Maintain
05/12/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 725.00 New Target: GBX 600.00 Downgrade
04/12/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 825.00 New Target: GBX 825.00 Maintain
30/11/2017 Broker: Berenberg Rating: Buy New Target: GBX 800.00 Maintain
30/11/2017 Broker: Numis Securities Rating: Buy Old Target: GBX 825.00 New Target: GBX 825.00 Maintain

The stock increased 1.24% or GBX 7 during the last trading session, reaching GBX 571. About 688,297 shares traded. Cineworld Group plc (LON:CINE) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Cineworld Group plc engages in the operation of cinemas. The company has market cap of 1.56 billion GBP. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. It has a 15.86 P/E ratio. The firm operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav Chen brand names.

More news for Cineworld Group plc (LON:CINE) were recently published by: Latimes.com, which released: “Regal Entertainment is in sale talks with British movie theater owner Cineworld” on November 29, 2017. Bloomberg.com‘s article titled: “Cineworld Nears Deal to Buy Regal” and published on December 01, 2017 is yet another important article.

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