Cineworld Group (LON:CINE) Given New GBX 700 Price Target at Berenberg Bank

Cineworld Group (LON:CINE) had its target price reduced by Berenberg Bank from GBX 800 ($10.70) to GBX 700 ($9.36) in a research report report published on Friday, December 15th. They currently have a buy rating on the stock. Other research analysts have also issued research reports about the …

Cineworld Group plc logoCineworld Group (LON:CINE) had its target price reduced by Berenberg Bank from GBX 800 ($10.70) to GBX 700 ($9.36) in a research report report published on Friday, December 15th. They currently have a buy rating on the stock.

Other research analysts have also issued research reports about the stock. Peel Hunt restated an add rating and set a GBX 775 ($10.36) target price on shares of Cineworld Group in a research report on Wednesday, October 25th. Panmure Gordon started coverage on shares of Cineworld Group in a research report on Thursday, September 28th. They set a buy rating and a GBX 750 ($10.03) price target on the stock. N+1 Singer reaffirmed a buy rating and set a GBX 770 ($10.30) price target on shares of Cineworld Group in a research note on Monday, November 20th. Numis Securities reaffirmed a hold rating and set a GBX 750 ($10.03) price target on shares of Cineworld Group in a research note on Thursday, November 23rd. Finally, Deutsche Bank reissued a buy rating and set a GBX 825 ($11.03) target price on shares of Cineworld Group in a research note on Thursday, October 5th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 755.42 ($10.10).

Shares of Cineworld Group (LON CINE) traded up GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 601 ($8.04). 251,330 shares of the company were exchanged, compared to its average volume of 1,440,000. Cineworld Group has a 12-month low of GBX 508.50 ($6.80) and a 12-month high of GBX 744.90 ($9.96). The firm has a market cap of $1,640.00 and a price-to-earnings ratio of 1,669.44.

ILLEGAL ACTIVITY WARNING: This article was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://stocknewstimes.com/2017/12/31/cineworld-group-cine-price-target-cut-to-gbx-700-by-analysts-at-berenberg-bank.html.

About Cineworld Group

Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.

Analyst Recommendations for Cineworld Group (LON:CINE)

Receive News & Ratings for Cineworld Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Cineworld Group and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

Fogo De Chao Inc (FOGO) Expected to Post Earnings of $0.18 Per Share

KDI Capital Partners LLC now owns 20,537 shares of the company’s stock valued at $217,000 after buying an additional 2,902 shares in the last quarter. Two Sigma Investments LP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $183,000. Westpac Banking …

According to Zacks, analysts expect that Fogo De Chao will report full year earnings of $0.91 per share for the current financial year, with EPS estimates ranging from $0.86 to $0.93. For the next financial year, analysts forecast that the business will report earnings of $0.99 per share, with EPS estimates ranging from $0.90 to $1.04. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow Fogo De Chao.

Equities research analysts expect Fogo De Chao Inc (NASDAQ:FOGO) to announce $0.18 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Fogo De Chao’s earnings, with estimates ranging from $0.17 to $0.20. Fogo De Chao posted earnings per share of $0.21 in the same quarter last year, which suggests a negative year-over-year growth rate of 14.3%. The company is expected to report its next quarterly earnings results on Tuesday, May 9th.

Fogo De Chao (NASDAQ:FOGO) last announced its quarterly earnings results on Tuesday, March 14th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $80.90 million for the quarter, compared to the consensus estimate of $77.06 million. Fogo De Chao had a net margin of 10.39% and a return on equity of 9.35%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 EPS.

Several brokerages have recently weighed in on FOGO. Canaccord Genuity reaffirmed a “hold” rating and set a $14.00 target price on shares of Fogo De Chao in a research note on Wednesday, March 15th. Wells Fargo & Co upped their target price on Fogo De Chao from $13.25 to $15.50 and gave the stock an “in-line” rating in a research note on Wednesday, March 15th. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Fogo De Chao in a research note on Wednesday, March 15th. Finally, Deutsche Bank AG upped their target price on Fogo De Chao from $14.50 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, March 15th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $15.42.

Shares of Fogo De Chao (NASDAQ:FOGO) traded down 1.27% during mid-day trading on Thursday, hitting $15.55. 11,306 shares of the stock were exchanged. The stock has a market cap of $438.70 million, a PE ratio of 18.29 and a beta of 0.44. The stock’s 50 day moving average is $14.81 and its 200-day moving average is $13.61. Fogo De Chao has a 12 month low of $10.50 and a 12 month high of $17.89.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Redmond Asset Management LLC increased its position in shares of Fogo De Chao by 0.5% in the fourth quarter. Redmond Asset Management LLC now owns 20,249 shares of the company’s stock valued at $291,000 after buying an additional 100 shares during the last quarter. KDI Capital Partners LLC increased its position in Fogo De Chao by 16.5% in the third quarter. KDI Capital Partners LLC now owns 20,537 shares of the company’s stock valued at $217,000 after buying an additional 2,902 shares in the last quarter. Two Sigma Investments LP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $183,000. Westpac Banking Corp purchased a new position in Fogo De Chao during the third quarter valued at approximately $710,000. Finally, River & Mercantile Asset Management LLP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $2,684,000. 91.20% of the stock is owned by institutional investors and hedge funds.

About Fogo De Chao

Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).

$0.00 in Sales Expected for Vedanta Ltd (VEDL) This Quarter

Finally, Two Sigma Investments LP boosted its position in shares of Vedanta by 223.6% in the fourth quarter. Two Sigma Investments LP now owns 191,536 shares of the company’s stock valued at $2,379,000 after buying an additional 132,338 shares during the period. 3.40% of the stock is owned by …

According to Zacks, analysts expect that Vedanta will report full-year sales of $0.00 for the current fiscal year. For the next fiscal year, analysts expect that the company will report sales of $0.00 per share. Zacks’ sales calculations are an average based on a survey of analysts that follow Vedanta.

Analysts predict that Vedanta Ltd (NYSE:VEDL) will post $0.00 in sales for the current quarter, Zacks reports. Zero analysts have issued estimates for Vedanta’s earnings. The business is scheduled to issue its next earnings report on Thursday, April 27th.

Separately, Morgan Stanley assumed coverage on Vedanta in a research report on Thursday, March 9th. They set an “overweight” rating for the company.

Institutional investors have recently modified their holdings of the stock. Creative Planning bought a new position in shares of Vedanta during the first quarter valued at about $343,000. Macquarie Group Ltd. bought a new position in shares of Vedanta during the fourth quarter valued at about $160,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Vedanta during the fourth quarter valued at about $474,000. Guggenheim Capital LLC boosted its position in shares of Vedanta by 4.7% in the fourth quarter. Guggenheim Capital LLC now owns 47,918 shares of the company’s stock valued at $595,000 after buying an additional 2,157 shares during the period. Finally, Two Sigma Investments LP boosted its position in shares of Vedanta by 223.6% in the fourth quarter. Two Sigma Investments LP now owns 191,536 shares of the company’s stock valued at $2,379,000 after buying an additional 132,338 shares during the period. 3.40% of the stock is owned by institutional investors and hedge funds.

Vedanta (NYSE:VEDL) traded down 0.88% during mid-day trading on Friday, hitting $15.80. The company had a trading volume of 100,722 shares. The firm’s market capitalization is $11.71 billion. The company has a 50-day moving average price of $16.02 and a 200 day moving average price of $13.82. Vedanta has a 12 month low of $5.43 and a 12 month high of $17.34.

The business also recently disclosed a dividend, which will be paid on Wednesday, April 12th. Stockholders of record on Wednesday, April 12th will be issued a $1.071 dividend. The ex-dividend date of this dividend is Monday, April 10th. This is a boost from Vedanta’s previous dividend of $0.20. Vedanta’s payout ratio is -4.84%.

Vedanta Company Profile

Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum and aluminum products. The Company’s segments include Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid; Iron ore; Aluminium, which consists of manufacturing of alumina and various aluminum products; Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and Other, which consists pig iron and metallurgical coke.

FBR & Co Weighs in on Fidelity Southern Co.’s FY2017 Earnings (LION)

Separately, Zacks Investment Research cut shares of Fidelity Southern from a “hold” rating to a “sell” rating in a research report on Wednesday, December 21st. Fidelity Southern Co. (NASDAQ:LION) – Analysts at FBR & Co reduced their FY2017 earnings per share estimates for Fidelity Southern in a …

Related Posts:

  • No Related Posts

The Equities Research Analysts’ Updated EPS Estimates for April, 11th (BCN, CA, DLAR, DLGNF …

… overweight rating to an equal weight rating. Vodafone Group plc (LON:VOD) had its outperform rating reaffirmed by analysts at Credit Suisse Group AG. The firm currently has a GBX 225 ($2.79) price target on the stock. Xcerra Corp (NASDAQ:XCRA) was downgraded by analysts at Craig Hallum from …

Bacanora Minerals Ltd Com (LON:BCN) had its buy rating reissued by analysts at Numis Securities Ltd. They currently have a GBX 140 ($1.74) price target on the stock.

Equities Research Analysts’ updated eps estimates for Tuesday, April 11th:

Carrefour SA (EPA:CA) was given a €23.50 ($25.00) target price by analysts at Barclays PLC. The firm currently has a neutral rating on the stock.

De La Rue plc (LON:DLAR) had its hold rating reaffirmed by analysts at Numis Securities Ltd. The firm currently has a GBX 638 ($7.92) target price on the stock.

DIALOG SEMICONDUCT GBP0.10 (NASDAQ:DLGNF) had its sell rating reaffirmed by analysts at DZ Bank AG.

easyJet plc (LON:EZJ) had its target price raised by BNP Paribas from GBX 880 ($10.93) to GBX 970 ($12.05). BNP Paribas currently has a neutral rating on the stock.

Future plc (LON:FUTR) had its buy rating reissued by analysts at Numis Securities Ltd.

Draper Esprit PLC (LON:GROW) had its buy rating reiterated by analysts at Numis Securities Ltd. The firm currently has a GBX 437 ($5.43) target price on the stock.

Highland Gold Mining (LON:HGM) was upgraded by analysts at Numis Securities Ltd to a buy rating. They currently have GBX 230 ($2.86) price target on the stock, up from their previous price target of GBX 180 ($2.24).

International Consolidated Airlns Grp SA (LON:IAG) was given a GBX 540 ($6.71) target price by analysts at Deutsche Bank AG. The firm currently has a buy rating on the stock.

Infineon Technologies AG (ETR:IFXA) was given a €17.20 ($18.30) price target by analysts at Barclays PLC. The firm currently has a neutral rating on the stock.

Deutsche Lufthansa AG (ETR:LHA) was given a €10.10 ($10.74) price target by analysts at Deutsche Bank AG. The firm currently has a sell rating on the stock.

LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) was given a €225.00 ($239.36) price target by analysts at Morgan Stanley. The firm currently has a buy rating on the stock.

Premier Asset Management Group PLC (LON:PAM) had its add rating reiterated by analysts at Numis Securities Ltd. They currently have a GBX 162 ($2.01) target price on the stock.

Pioneer Energy Services Corp (NYSE:PES) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Pioneer Energy Services Corp. provides land contract drilling services and production services to independent and major oil and gas exploration and production companies. The company’s Drilling Services division provides contract land drilling services to operators in Texas, Louisiana, Mid-Continent, Rocky Mountain, and Appalachian regions; and in Colombia. Pioneer also provides well servicing, wireline, coiled tubing and fishing and rental services to producers in the U.S. Gulf Coast, offshore Gulf of Mexico, Mid-Continent and Rocky Mountain regions through its Production Services Segment. Pioneer Energy Services Corp., formerly known as Pioneer Drilling Company, is based in San Antonio, Texas. “

PHH (NYSE:PHH) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “PHH Corp is a leading outsource provider of mortgage and vehicle fleet management services. It is the sixth largest retail originator of residential mortgages in the United States and the second largest fleet management services provider in the United States and Canada. “

Premier (NASDAQ:PINC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $36.00 target price on the stock. According to Zacks, “Premier, Inc. operates as a healthcare alliance. The company brings together hospitals, health systems, physicians and other healthcare providers primarily in the United States. It also maintains clinical, financial and outcomes databases. Premier, Inc. is headquartered in Charlotte, North Carolina. “

Pinnacle Financial Partners (NASDAQ:PNFP) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Pinnacle Financial Partners, Inc. is a bank holding company which owns 100% of the capital stock of Pinnacle National Bank, a national bank operating in the Nashville, Tennessee metropolitan area. “

Post Holdings (NYSE:POST) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri. “

PROS Holdings (NYSE:PRO) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “PROS Holdings, Inc. a world leader in Pricing and Revenue Optimization Software, today announced that the underwriters of its initial public offering have exercised in full their over-allotment option. PROS is a leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution, and price optimization. By using PROS’ software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS’ software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS also provides a range of services that include analyzing a company’s current pricing processes and implementing software products to improve pricing performance “

PAX GLOBAL TECHNOL HKD0.10 (NASDAQ:PXGYF) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “PAX Global Technology Ltd. is a provider of electronic funds transfer point of sales terminal solution. PAX Global Technology Ltd. is headquareted in Wanchai, Hong Kong. “

RSP Permian (NYSE:RSPP) was upgraded by analysts at Goldman Sachs Group Inc from a neutral rating to a buy rating. The firm currently has $63.00 target price on the stock.

Sanofi SA (EPA:SAN) was given a €87.00 ($92.55) target price by analysts at JPMorgan Chase & Co.. The firm currently has a neutral rating on the stock.

SAP SE (ETR:SAP) was given a €95.00 ($101.06) price target by analysts at Barclays PLC. The firm currently has a buy rating on the stock.

Swift Transportation (NYSE:SWFT) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Vodafone Group plc (LON:VOD) had its outperform rating reaffirmed by analysts at Credit Suisse Group AG. The firm currently has a GBX 225 ($2.79) price target on the stock.

Xcerra Corp (NASDAQ:XCRA) was downgraded by analysts at Craig Hallum from a buy rating to a hold rating.