Jefferies Financial Group Reiterates Buy Rating for The Gym Group (LON:GYM)

The Gym Group (LON:GYM)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 250 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 20.19% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 230 price objective on shares of The Gym Group in a research report on Friday, September 4th. Berenberg Bank boosted their price target on shares of The Gym Group from GBX 255 to GBX 295 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Shore Capital Group restated a “buy” rating and set a GBX 280 price objective on shares of The Gym Group in a research report on Friday, September 4th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 251.

The Gym Group Stock Performance

LON GYM opened at GBX 208 on Wednesday. The firm has a market cap of £360.39 million, a price-to-earnings ratio of 52.00, a price-to-earnings-growth ratio of -12.95 and a beta of 0.83. 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 business has a 50-day moving average price of GBX 204.92 and a 200-day moving average price of GBX 192.04. The Gym Group has a twelve month low of GBX 131.20 and a twelve month high of GBX 220.

The Gym Group (LON:GYM) last issued its earnings results on Wednesday, September 9th. The company reported GBX 3.10 earnings per share (EPS) for the quarter. The Gym Group had a return on equity of 5.35% and a net margin of 3.02%. As a group, equities research analysts predict that The Gym Group will post 0.2851177 EPS for the current fiscal year.

About The Gym Group

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.