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Cineworld Group plc 50.5% Potential Upside Indicated by HSBC

Cineworld Group plc with EPIC/TICKER (LON:CINE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Cineworld Group plc are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 440 GBX on its stock. This is indicating the analyst believes there is a potential upside of 50.5% from today’s opening price of 292.4 GBX. Over the last 30 and 90 trading days the company share price has increased 31.6 points and increased 9.4 points respectively. The 1 year high stock price is 325.4 GBX while the 52 week low for the share price is 223.8 GBX.

Cineworld Group plc has a 50 day moving average of 270.14 GBX and a 200 Day Moving Average share price is recorded at 282.44. There are currently 1,371,163,463 shares in issue with the average daily volume traded being 3,563,806. Market capitalisation for LON:CINE is £3,973,631,548 GBP.