RE: Morgan Stanley 60p. What nonsense1 Jun 2020 17:54
When did they do that? The share price jumped on announcement of new management and rumours of a mercedes benz take over bid.
Morgan Stanley's justification for their target price is not unfounded. What is happening with the way overpriced acquistion of Cineplex which Cineworld have reiterated their commitement to seeing it through. Plus there are legitimate concerns around some movies going to VOD services, or atleast running alongside cinema releases.