The Gym Group (LON:GYM) Price Target Raised to GBX 300

The Gym Group (LON:GYM) had its price target upped by Berenberg Bank from GBX 295 to GBX 300 in a research report report published on Friday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Several other equities research analysts have also recently weighed in on GYM. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 230 price objective on shares of The Gym Group in a research report on Friday, September 4th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 250 target price on shares of The Gym Group in a research report on Wednesday, September 9th. Finally, Shore Capital Group reissued a “buy” rating and set a GBX 275 price target on shares of The Gym Group in a research note on Thursday. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 251.

The Gym Group Stock Performance

GYM stock opened at GBX 188 on Friday. The business has a fifty day moving average price of GBX 202.06 and a 200 day moving average price of GBX 192.99. 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 Gym Group has a fifty-two week low of GBX 131.20 and a fifty-two week high of GBX 220. The stock has a market capitalization of £325.74 million, a price-to-earnings ratio of 47.00, a P/E/G ratio of -12.95 and a beta of 0.83.

The Gym Group (LON:GYM) last announced its earnings results on Wednesday, September 9th. The company reported GBX 3.10 EPS for the quarter. The Gym Group had a return on equity of 5.95% and a net margin of 3.27%. Analysts expect that The Gym Group will post 0.2851177 EPS for the current fiscal year.

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.