The Rank Group (LON:RNK) Sets New 1-Year Low – Here’s What Happened

The Rank Group Plc (LON:RNK)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 84 and last traded at GBX 86, with a volume of 1142732 shares traded. The stock had previously closed at GBX 87.

Analysts Set New Price Targets

RNK has been the subject of a number of analyst reports. Shore Capital Group reissued a “house stock” rating on shares of The Rank Group in a research report on Thursday, August 13th. Peel Hunt reaffirmed 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, Deutsche Bank Aktiengesellschaft lifted their price target on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a “hold” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, The Rank Group presently has an average rating of “Moderate Buy” and an average target price of GBX 147.

The Rank Group Stock Performance

The stock has a market capitalization of £405.56 million, a P/E ratio of 13.83, a PEG ratio of 1.75 and a beta of 1.58. The company has a quick ratio of 0.65, a current ratio of 0.49 and a debt-to-equity ratio of 60.83. The company has a 50-day moving average price of GBX 99 and a two-hundred day moving average price of GBX 97.30.

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

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.