The Gym Group (LON:GYM) Given “Buy” Rating at Shore Capital Group

The Gym Group (LON:GYM)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital Group in a note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 280 target price on the stock. Shore Capital Group’s price target would indicate a potential upside of 30.84% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 230 target price on shares of The Gym Group in a research report on Tuesday, June 9th. Berenberg Bank boosted their price objective on The Gym Group from GBX 230 to GBX 235 and gave the company a “buy” rating in a research report on Tuesday, March 24th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Gym Group currently has an average rating of “Buy” and a consensus price target of GBX 225.

The Gym Group Stock Performance

GYM opened at GBX 214 on Wednesday. The Gym Group has a 12-month low of GBX 131.20 and a 12-month high of GBX 220. The firm has a market capitalization of £372.44 million, a P/E ratio of 53.50, a price-to-earnings-growth ratio of -12.95 and a beta of 0.85. The stock’s 50 day moving average price is GBX 197.13 and its two-hundred day moving average price is GBX 179.17. The company has a quick ratio of 0.27, a current ratio of 0.15 and a debt-to-equity ratio of 289.13.

The Gym Group Company Profile

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.