The Rank Group (LON:RNK) Sets New 12-Month Low – What’s Next?

The Rank Group Plc (LON:RNK)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 82 and last traded at GBX 82, with a volume of 771611 shares changing hands. The stock had previously closed at GBX 83.50.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Shore Capital Group reaffirmed a “house stock” rating on shares of The Rank Group in a report on Thursday, August 13th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 175 price objective on shares of The Rank Group in a research report on Monday, July 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, The Rank Group has a consensus rating of “Moderate Buy” and an average target price of GBX 147.

The Rank Group Trading Down 1.8%

The company has a debt-to-equity ratio of 60.83, a quick ratio of 0.65 and a current ratio of 0.49. The company’s 50-day moving average price is GBX 98.22 and its 200 day moving average price is GBX 97.03. The stock has a market cap of £381.82 million, a PE ratio of 13.02, a price-to-earnings-growth ratio of 1.75 and a beta of 1.58.

The Rank Group (LON:RNK) last announced its quarterly earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. On average, sell-side analysts forecast that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.

About The Rank Group

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.