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Jefferies Financial Group Reaffirms Hold Rating for Cineworld Group (LON:CINE)

Defense World ·  Sep 13, 2022 03:31

Jefferies Financial Group reaffirmed their hold rating on shares of Cineworld Group (LON:CINE – Get Rating) in a research note published on Monday, MarketBeat reports.

A number of other research firms also recently weighed in on CINE. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 40 ($0.48) target price on shares of Cineworld Group in a report on Thursday, August 11th. Berenberg Bank reiterated a neutral rating and set a GBX 40 ($0.48) target price on shares of Cineworld Group in a report on Thursday, August 11th.

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Cineworld Group Trading Down 24.0 %

Shares of CINE stock opened at GBX 2.90 ($0.04) on Monday. The firm has a market cap of £39.82 million and a P/E ratio of -0.09. The business has a 50-day moving average price of GBX 14.11 and a two-hundred day moving average price of GBX 23.58. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 3,825.90. Cineworld Group has a 12-month low of GBX 1.80 ($0.02) and a 12-month high of GBX 85.16 ($1.03).

Cineworld Group Company Profile

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Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, ticket booking, film distribution, advertising, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.

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