The Gym Group’s (GYM) “Buy” Rating Reaffirmed at Shore Capital Group

The Gym Group (LON:GYM)‘s stock had its “buy” rating restated by equities researchers at Shore Capital Group in a note issued to investors on Thursday, September 17th, Digital Look reports. They currently have a GBX 275 price objective on the stock. Shore Capital Group’s price target points to a potential upside of 51.93% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 230 target price on shares of The Gym Group in a research report on Friday, September 4th. Jefferies Financial Group restated a “buy” rating and issued a GBX 250 price objective on shares of The Gym Group in a report on Wednesday, September 9th. Finally, Berenberg Bank raised their price objective on shares of The Gym Group from GBX 255 to GBX 295 and gave the company a “buy” rating in a research note on Friday, August 14th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, The Gym Group has an average rating of “Buy” and a consensus target price of GBX 253.

The Gym Group Trading Down 0.5%

Shares of LON GYM traded down GBX 1 during midday trading on Thursday, hitting GBX 181. The stock had a trading volume of 1,688,363 shares, compared to its average volume of 531,216. The firm has a market cap of £313.61 million, a P/E ratio of 45.25, a price-to-earnings-growth ratio of -12.95 and a beta of 0.83. The Gym Group has a fifty-two week low of GBX 131.20 and a fifty-two week high of GBX 220. 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’s 50-day simple moving average is GBX 200.96 and its 200 day simple moving average is GBX 193.28.

The Gym Group (LON:GYM) last issued its quarterly 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 5.95% and a net margin of 3.27%. Research 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.