Cineworld Group plc 23.0% potential upside indicated by JP Morgan

Cineworld Group plc with ticker (LON:CINE) now has a potential upside of 23.0% according to JP Morgan.



JP Morgan set a target price of 40 GBX for the company, which when compared to the Cineworld Group plc share price of 31 GBX at opening today (09/03/2022) indicates a potential upside of 23.0%. Trading has ranged between 26 (52 week low) and 125 (52 week high) with an average of 9,394,087 shares exchanging hands daily. The market capitalisation at the time of writing is £452,264,534.

Cineworld Group plc (Cineworld) is a United Kingdom-based international cinema chain. The Company is operating in approximately 10 countries with around 787 sites and 9,500 screens. Cineworld operates in the United Kingdom (UK), Ireland, Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania, Israel and the United States (US). The Company operates in the following segments: the US; the UK and Ireland (UK&I) and the rest of the world (ROW). The US segment includes three cinema chain brands Regal, United Artists and Edwards Theatres. UK&I segment includes two cinema chain brands, Cineworld and Picturehouse. The ROW operating segment includes the cinema chain brands Cinema City in Central and Eastern Europe territories, and Yes Planet and Rav-Chen in Israel. The ROW reporting segment also includes Poland, Romania, Hungary, the Czech Republic, Bulgaria, Slovakia and Israel. The Company’s subsidiaries include Crown UK Holdco Limited, Augustus 1 Limited and Cinema City Holding B.V.