The Gym Group (LON:GYM) Upgraded to “Buy” at Shore Capital Group

The Gym Group (LON:GYM) was upgraded by equities researchers at Shore Capital Group to a “buy” rating in a research note issued to investors on Wednesday, London Stock Exchange reports. The firm presently has a GBX 280 target price on the stock. Shore Capital Group’s price target would suggest a potential upside of 35.27% from the company’s current price.

GYM has been the topic of a number of other reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 250 target price on shares of The Gym Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 230 price target on shares of The Gym Group in a report on Friday, September 4th. Finally, Berenberg Bank lifted their price target on shares of The Gym Group from GBX 255 to GBX 295 and gave the company a “buy” rating in a research report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 251.

The Gym Group Stock Up 7.3%

LON GYM opened at GBX 207 on Wednesday. The business has a fifty day moving average price of GBX 204.92 and a 200 day moving average price of GBX 192.04. The company has a debt-to-equity ratio of 289.13, a quick ratio of 0.27 and a current ratio of 0.15. The company has a market cap of £358.66 million, a P/E ratio of 51.75, a P/E/G ratio of -12.95 and a beta of 0.83. 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 issued its earnings results on Wednesday, September 9th. The company reported GBX 3.10 earnings per share for the quarter. The Gym Group had a return on equity of 5.35% and a net margin of 3.02%. Research analysts anticipate that The Gym Group will post 0.2851177 EPS for the current fiscal year.

More The Gym Group News

Here are the key news stories impacting The Gym Group this week:

• Positive Sentiment: Sales rose by about 10%. Recent membership-price increases helped drive revenue growth, while demand remained resilient as younger customers prioritised fitness. Gym Group upgrades outlook as Gen-Z shuns heatwave and World Cup
• Positive Sentiment: Management upgraded its outlook. The company said gym attendance and membership trends held up despite potential distractions such as the summer heatwave and World Cup, supporting confidence in further growth. The Gym Group feeling fit as sales jump
• Positive Sentiment: Further price increases are being considered. The Gym Group believes customers—particularly Gen Z—continue to value affordable fitness, potentially allowing it to improve revenue per member without undermining demand. The Gym Group eyes further price hikes as Gen Z prioritises fitness
• Positive Sentiment: Profitability improved in the first half. Reports highlighted a year-on-year increase in the company’s bottom line, while quarterly results showed earnings of GBX 3.10 per share, a 3.02% net margin and 5.35% return on equity. The Gym Group Plc Reveals Climb In H1 Bottom Line
• Positive Sentiment: Jefferies reaffirmed its Buy rating and set a GBX 250 price target, implying further upside from the shares’ current level and reinforcing positive investor sentiment.

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.