Home » Reports » Cineworld Group plc 56.9% Potential Upside Indicated by HSBC

Cineworld Group plc 56.9% Potential Upside Indicated by HSBC

Cineworld Group plc using EPIC/TICKER code (LON:CINE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Cineworld Group plc are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 325 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 56.9% from the opening price of 207.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 11.4 points and decreased 25.6 points respectively. The 52 week high for the stock is 322.3 GBX while the year low stock price is currently 190.7 GBX.

Cineworld Group plc has a 50 day moving average of 218.42 GBX and the 200 Day Moving Average price is recorded at 259.14. There are currently 1,371,950,293 shares in issue with the average daily volume traded being 5,978,979. Market capitalisation for LON:CINE is £2,844,052,999 GBP.

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