The Rank Group (LON:RNK) Cut to “Hold” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft cut shares of The Rank Group (LON:RNK) to a hold rating in a report published on Friday, Marketbeat.com reports. The brokerage currently has GBX 104 price target on the stock, down from their previous price target of GBX 163.

Several other research analysts have also recently commented on RNK. Peel Hunt reissued a “buy” rating and set a GBX 200 price target on shares of The Rank Group in a research report on Wednesday, October 15th. Shore Capital reiterated a “house stock” rating on shares of The Rank Group in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 152.

The Rank Group Stock Down 4.7%

Shares of The Rank Group stock opened at GBX 93.80 on Friday. The Rank Group has a 1 year low of GBX 75 and a 1 year high of GBX 166.20. The company has a debt-to-equity ratio of 58.20, a current ratio of 0.47 and a quick ratio of 0.65. The business has a 50-day moving average of GBX 103 and a two-hundred day moving average of GBX 124.30. The company has a market capitalization of £439.39 million, a P/E ratio of 9.87, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48.

The Rank Group Company Profile

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.