Deutsche Bank Aktiengesellschaft Issues Positive Forecast for The Rank Group (LON:RNK) Stock Price

The Rank Group (LON:RNK) had its price target increased by Deutsche Bank Aktiengesellschaft from GBX 111 to GBX 119 in a research report report published on Thursday,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Other analysts have also recently issued research reports about the stock. Shore Capital Group reiterated a “house stock” rating on shares of The Rank Group in a research note on Thursday. Peel Hunt reissued a “buy” rating and set a GBX 175 price target on shares of The Rank Group in a research note on Monday, July 13th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 147.

The Rank Group Stock Up 2.1%

RNK stock opened at GBX 108 on Thursday. The company has a debt-to-equity ratio of 61.99, a current ratio of 0.45 and a quick ratio of 0.65. The stock has a market capitalization of £505.90 million, a price-to-earnings ratio of 13.17, a PEG ratio of 1.75 and a beta of 1.58. The business’s fifty day moving average price is GBX 98.12 and its two-hundred day moving average price is GBX 95.72. The Rank Group has a fifty-two week low of GBX 86 and a fifty-two week high of GBX 144.80.

The Rank Group (LON:RNK) last announced its earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. The Rank Group had a net margin of 4.20% and a return on equity of 9.03%. On average, equities analysts anticipate that The Rank Group will post 7.5021608 earnings per share for the current year.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today’s gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group’s story is one of iconic brands and talented people with a mission to entertain.