Shore Capital Group Reiterates “Buy” Rating for The Gym Group (LON:GYM)

The Gym Group (LON:GYM)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 275 target price on the stock. Shore Capital Group’s price target would indicate a potential upside of 46.28% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 250 target price on shares of The Gym Group in a report on Wednesday, September 9th. Berenberg Bank raised their price target on The Gym Group from GBX 255 to GBX 295 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of The Gym Group in a research note on Friday, September 4th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 251.

The Gym Group Price Performance

Shares of GYM stock opened at GBX 188 on Thursday. The company has a debt-to-equity ratio of 293.82, a current ratio of 0.17 and a quick ratio of 0.27. The company has a market capitalization of £325.74 million, a P/E ratio of 47.00, a P/E/G ratio of -12.95 and a beta of 0.83. The company’s 50-day simple moving average is GBX 202.06 and its two-hundred day simple moving average is GBX 192.89. The Gym Group has a one year low of GBX 131.20 and a one year high of GBX 220.

The Gym Group (LON:GYM) last posted its quarterly earnings results on Wednesday, September 9th. The company reported GBX 3.10 earnings per share for the quarter. The Gym Group had a net margin of 3.27% and a return on equity of 5.95%. As a group, equities analysts anticipate that The Gym Group will post 0.2851177 EPS for the current 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.