The Rank Group (LON:RNK) Insider Christian Nothhaft Buys 40,000 Shares of Company Stock

The Rank Group Plc (LON:RNK) insider Christian Nothhaft acquired 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was acquired at an average cost of GBX 75 per share, with a total value of £30,000.

The Rank Group Price Performance

Shares of RNK traded up GBX 1.23 during midday trading on Tuesday, hitting GBX 75.53. 3,234,045 shares of the company traded hands, compared to its average volume of 958,333. The Rank Group Plc has a one year low of GBX 73.71 and a one year high of GBX 142. The firm has a market cap of £351.69 million, a P/E ratio of 11.99, a PEG ratio of 1.75 and a beta of 1.58. The company has a debt-to-equity ratio of 60.83, a current ratio of 0.49 and a quick ratio of 0.65. The stock has a 50-day moving average of GBX 96.47 and a 200-day moving average of GBX 96.51.

The Rank Group (LON:RNK) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. As a group, sell-side analysts predict that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on RNK shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Peel Hunt reiterated a “buy” rating and issued a GBX 175 price objective on shares of The Rank Group in a research report on Monday, July 13th. Finally, Shore Capital Group restated a “house stock” rating on shares of The Rank Group in a report on Thursday, August 13th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 147.

About The Rank Group

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.