oldjoe1
25 Sep 2015
CINE, Broker View...... Cineworld Group plc Rating Reiterated by JPMorgan Chase & Co. (CINE)Posted by Shane Hupp on Sep 25th, 2015..Cineworld Group plc (LON:CINE)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a report released on Friday, MarketBeat.Com reports. They presently have a GBX 600 ($9.32) price objective on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 8.50% from the stock’s current price.Cineworld Group plc (LON:CINE) opened at 562.0000 on Friday. The firm has a 50-day moving averageprice of GBX 568.38 and a 200 day moving average price of GBX 507.89. The company’s market cap is GBX 1.49 billion. Cineworld Group plc has a 12 month low of GBX 298.40 and a 12 month high of GBX 599.00.The company also recently declared a dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 3rd will be given a dividend of GBX 5 ($0.08) per share. This represents a yield of 0.85%. The ex-dividend date of this dividend is Thursday, September 3rd. In other Cineworld Group plc news, insider Bloom,Anthony Herbert purchased 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were purchased at an average cost of GBX 591 ($9.18) per share, for a total transaction of £295,500 ($458,779.69).Several other equities research analysts have also recently issued reports on CINE. Citigroup Inc. reiterated a “buy” rating and issued a GBX 720 ($11.18) target price on shares of Cineworld Group plc in a research report on Monday, September 7th. Investec lifted their price objective on Cineworld Group plc from GBX 560 ($8.69) to GBX 600 ($9.32) and gave the stock a “buy” rating in a research report on Thursday, August 13th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 540 ($8.38) target price on shares of Cineworld Group plc in a research note on Tuesday, July 7th. Westhouse Securities reiterated a “buy” rating and set a GBX 550 ($8.54) price target on shares of Cineworld Group plc in a report on Tuesday, July 7th. Finally, N+1 Singer raised their target price on Cineworld Group plc from GBX 600 ($9.32) to GBX 650 ($10.09) and gave the company a “buy” rating in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Cineworld Group plc currently has an average rating of “Buy” and a consensus target price of GBX 598.60 ($9.29).Cineworld Group plc is a United Kingdom-based holding company. Business is operated by the Firm through two segments, which include Picturehouse and Cineworld Cinemas. The Business, along with its subsidiary companies is engaged in the operation of cinemas. The Company has a total of 1,858 totally digital displays. as well as 202 websites The Company’s portfolio includes four out of the ten theatres in the United Kingdom and Ireland.
oldjoe1
09 Sep 2015
CINE Broker Update....... Citigroup Inc. Reaffirms Buy Rating for Cineworld Group plc (CINE)September 7thCineworld Group plc (LON:CINE)‘s stock had its “buy” rating reissued by equities researchers at Citigroup Inc. in a report issued on Monday, Marketbeat.com reports. They presently have a GBX 720 ($10.93) price objective on the stock. Citigroup Inc.’s target price suggests a potential upside of 24.46% from the stock’s current price.Several other research firms also recently commented on CINE. Investec raised their price target on Cineworld Group plc from GBX 600 ($9.11) to GBX 660 ($10.02) and gave the company a “buy” rating in a report on Friday, August 21st. N+1 Singer increased their price objective on Cineworld Group plc from GBX 600 ($9.11) to GBX 650 ($9.87) and gave the stock a “buy” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on Cineworld Group plc from GBX 540 ($8.20) to GBX 600 ($9.11) and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 625 ($9.49) target price on shares of Cineworld Group plc in a research report on Thursday, August 13th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 540 ($8.20) price target on shares of Cineworld Group plc in a research note on Monday, August 10th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 590.89 ($8.97).Shares of Cineworld Group plc (LON:CINE) traded down 1.469% during midday trading on Monday, hitting GBX 570.000. 242,250 shares of the stock traded hands. Cineworld Group plc has a 1-year low of GBX 298.40 and a 1-year high of GBX 599.00. The company’s market capitalization is GBX 1.51 billion. The stock has a 50 day moving average of GBX 546.49 and a 200 day moving average of GBX 496.45.The company also recently declared a dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 3rd will be given a dividend of GBX 5 ($0.08) per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a yield of 0.85%.In other Cineworld Group plc news, insider Bloom,Anthony Herbert purchased 50,000 shares of Cineworld Group plc stock in a transaction that occurred on Wednesday, August 19th. The stock was acquired at an average price of GBX 591 ($8.97) per share, with a total value of £295,500 ($448,747.15).Cineworld Group plc is a United Kingdom-based company that is holding. Company operates through two segments, which include Picturehouse and Cineworld Cinemas. The Company, along with its subsidiaries is engaged in the operation of cinemas. The Organization has a total of 1,858 totally digital screens. as well as 202 websites The Firm’s portfolio includes four out of the ten cinemas in the United Kingdom and Ireland.
oldjoe1
07 Sep 2015
CINE Broker Update....... 07 Sep 2015 Cineworld Group PLC CINE Citigroup Buy 0.00 578.50 720.00 720.00 ReiteratesSP Target 720p
oldjoe1
25 Aug 2015
Citigroup Says BUY CINE....... Equities research analysts at Citigroup Inc. initiated coverage on shares of Cineworld Group plc (LON:CINE) in a research report issued to clients and investors on Tuesday, Market Beat.com reports. The firm set a “buy” rating and a GBX 720 ($11.27) price target on the stock. Citigroup Inc.’s price target would indicate a potential upside of 25.65% from the company’s previous close.
oldjoe1
13 Aug 2015
Re: CINE Broker Views....... <b>Investec Increases Cineworld Group plc Price Target to GBX 600 (CINE)August 13th, 2015</b>Equities researchers at Investec upped their target price on shares of Cineworld Group plc (LON:CINE) from GBX 560 ($8.67) to GBX 600 ($9.29) in a research report issued on Thursday, Analyst Ratings Network.com reports. The brokerage currently has a “buy” rating on the stock. Investec’s target price would suggest a potential upside of 9.39% from the stock’s current price.CINE has been the topic of a number of other reports. Canaccord Genuity restated a “buy” rating and set a GBX 540 ($8.36) price objective on shares of Cineworld Group plc in a report on Friday, June 26th. N+1 Singer reiterated a “buy” rating and issued a GBX 550 ($8.52) price target on shares of Cineworld Group plc in a research note on Friday, July 3rd. Numis Securities Ltd reissued an “add” rating and issued a GBX 550 ($8.52) price objective on shares of Cineworld Group plc in a research report on Wednesday, May 20th. Barclays reaffirmed an “equal weight” rating and set a GBX 325 ($5.03) target price on shares of Cineworld Group plc in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Cineworld Group plc from GBX 500 ($7.74) to GBX 540 ($8.36) and gave the company an “overweight” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. Cineworld Group plc currently has an average rating of “Buy” and a consensus target price of GBX 537.80 ($8.33).Shares of Cineworld Group plc (LON:CINE) opened at 559.5000 on Thursday. The company’s 50-day moving average price is GBX 497.97 and its 200 day moving average price is GBX 478.49. Cineworld Group plc has a 52 week low of GBX 298.40 and a 52 week high of GBX 577.76. The company’s market cap is GBX 1.48 billion.Cineworld Group plc is a United Kingdom-based company that is holding. Company manages through two sections, which include Picturehouse and Cineworld Cinemas. The Business, along with its subsidiaries is engaged in the operation of theatres. The Organization has a total of 1,858 totally digital screens. and also 202 sites The Company’s portfolio contains four out of the ten theaters in Ireland and the UK.
oldjoe1
13 Aug 2015
CINE Potential Upside of 33.8%....... <b>Cineworld Group plc given a Potential Upside of 33.8% Suggested by CitigroupPosted by: Amilia Stone 11th August 2015, updated 13th August 2015</b>Cineworld Group plc using EPIC code LON:CINE has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Cineworld Group plc are listed in the Consumer Services sector within UK Main Market. Citigroup have set their target price at 720 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 33.8% from the opening price of 538 GBX. Cineworld Group plc LON:CINE has a 50 day moving average of 495.38 GBX and a 200 day moving average of 454.10 GBX. The 1 year high share price is 545.42 GBX while the year low stock price is currently 298.4 GBX.
oldjoe1
13 Aug 2015
Block Buster Year For CINE......... [link] year for Cineworld</b>The public’s fascination with dinosaurs, cars and bondage helped cinema group Cineworld (CINE) post another set of forecast-beating interim results, leading to analyst upgrades across the board. Sales are up 11.3% to £329 million in the 26 weeks to 2 July, driven by growth in admissions of 5.4%, higher retail spend and a 7.9% increase in the average UK ticket price to £6.02.Cineworld’s share price slipped in June following the departure of its well-liked finance director Philip Bowcock, but it has since recovered and is now trading at a record 558.5p, 71% higher than a year ago.2015 has seen the strongest film slate for several years, with Jurassic World, Fast and Furious 7 and Fifty Shades of Grey all breaking box office records in the first half.Films in the second half, which include the latest chapters in the Star Wars, James Bond and Hunger Games series, are expected to result in a stellar year for the £1.4 billion cap. Canaccord Genuity has increased its 2015 pre-tax profit forecast from £90 million to £95.1 million and has hiked its target price from 540p to 620p.‘Cineworld has recovered from its recent share price wobble and is set for another surge in performance,’ says analyst Nigel Parson.The group has outperformed since reaching a low in mid-October but its valuation remains attractive on a 2015 price to earnings ratio of 19.7.
oldjoe1
13 Aug 2015
CINE Beat Management Expectations... <b.BUZZ-Cineworld: Bond and Star Wars promises blockbuster 2015<.FTMC><.FTSE><CINE.L>13-08-2015 09:43</b>* British cinema operator <CINE.L> shares touched all-time high, one of the top FTSE-250 midcap gainers* Strong H2 film slate with releases such as "Star Wars: Episode VII", the final Hunger Games title "Hunger Games: Mockingjay Part 2" and the next Bond film "Spectre"* Cineworld says "we are marginally ahead of our plans for the year as a whole."* Overall admissions up 5.4 pct, with box office revenues up 10.9 pct<b>* "Interims have surprised on the upside this morning and the full year outlook is expected to be better than management previous expectations," says analyst at N+1 Singer</b>* Shares were up 1.5 pct to 556.5p at 0829GMT after touching a high of 577.76p(RM: [email protected])
oldjoe1
08 Aug 2015
CINE Newspaper Weekend Comment <b>String of potential blockbusters sets the scene for Cineworld update CITY & FINANCE REPORTER FOR THE DAILY MAILPUBLISHED: 21:59, 7 August 2015 | UPDATED: 21:59, 7 August 2015</b>A string of potential blockbusters will keep investors’ eyes firmly glued on Cineworld’s shares.Upcoming releases such as Star Wars: Episode VII, Hunger Games: Mockingjay Part 2 and the next James Bond movie, Spectre, should keep the cinema chain on track to hit annual targets, City analysts say.Cineworld merged with central European and Israeli cinema group Cinema City International last year and bought the Picturehouse arthouse chain in 2012.Releases such as Disney’s Cinderella, featuring Lily James (pictured) and Jurassic World were behind a 10.5 per cent rise in first half UK box office takings.Cineworld shares ended the week down 2p at 525p.Analysts at Numis Securities forecasts a 24 per cent rise in pre-tax profits to £30.5million in first half results on Thursday.Read more: [link] Follow us: @MailOnline on Twitter | DailyMail on Facebook
oldjoe1
06 Aug 2015
Re: increased my holding again Cineworld upgraded after hitting sweet spotCinema chain Cineworld (CINE) has hit a ‘sweet spot’ with a number of factors pointing positively towards investment.Barclays analyst Richard Taylor has upgraded his recommendation from ‘equal weight’ to ‘overweight’ and raised his target price from 325p to 580p. Shares in Cineworld rose 1.6% to 522p yesterday.‘We believe that Cineworld is in a sweet spot and see four key investment positives,’ he said. ‘Firstly, industry supply growth is low, and likely to contract in Eastern Europe…Secondly, demand looks robust given the excellent film release schedule in both 2015 and 2016.‘Thirdly, we believe the cost outlook is benign, with the impact of the living wage likely to be minimal.‘Finally, the company has self-help initiative. With just 13 Starbucks in the 83-strong Cineworld UK estate, this could eventually be rolled out to c.50% of the UK estate.’[link]
oldjoe1
13 Jul 2015
Re: CINE Broker Views....... Cineworld Group broker viewsDate Broker Recommendation Price Old target price New target price Notes08 Jul JP Morgan Cazenove Overweight 501.50 540.00 540.00 Reiterates07 Jul Canaccord Genuity Buy 501.50 540.00 540.00 Retains07 Jul Numis Add 501.50 550.00 550.00 Reiterates07 Jul Investec Buy 501.50 560.00 560.00 Retains07 Jul N+1 Singer Buy 501.50 550.00 550.00 Reiterates
valeite
13 Jun 2015
Re: What is going on? this is a PLC not a privately owned business and full accountability of financial matters is essential
tejo
12 Jun 2015
What is going on? First the CFO resigns with immediate effect and then a large percentage of the company's shares are pledged against a loan. What is going on? The sp has fallen sharply and no wonder. I will very likely sell or at least reduce my holdings and those of my family unless there is some clarity. In particular, does anyone know why the CFO resigned and or if the Company's auditors have made any statement??
tejo
09 Jun 2015
I think it is a case of the new Cinema City people taking over as it becomes clear that it was a reverse take over rather than a merger. The CFO seems to have walked out, no doubt after a row, hence the fall in the sp. Let us hope that the Cinema figures were kosher!
valeite
09 Jun 2015
CFO reigns quite a reaction to this news.....perhaps just the excuse needed to bank profits after a good run ?
