Shore Capital Group Reiterates “Buy” Rating for The Gym Group (LON:GYM)

The Gym Group (LON:GYM)‘s stock had its “buy” rating restated by investment analysts at Shore Capital Group in a research report issued on Thursday, Digital Look reports. They currently have a GBX 275 price target on the stock. Shore Capital Group’s target price points to a potential upside of 45.89% from the company’s current price.

Several other research firms have also issued reports on GYM. Jefferies Financial Group restated a “buy” rating and issued a GBX 250 price target on shares of The Gym Group in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 230 price objective on shares of The Gym Group in a research report on Friday, September 4th. Finally, Berenberg Bank lifted their target price on The Gym Group from GBX 255 to GBX 295 and gave the stock a “buy” rating in a report on Friday, August 14th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 250.

The Gym Group Stock Performance

LON:GYM opened at GBX 188.50 on Thursday. The Gym Group has a twelve month low of GBX 131.20 and a twelve month high of GBX 220. The company has a current ratio of 0.17, a quick ratio of 0.27 and a debt-to-equity ratio of 293.82. The company has a 50-day moving average of GBX 202.89 and a 200-day moving average of GBX 192.86. The firm has a market cap of £326.61 million, a price-to-earnings ratio of 47.12, a price-to-earnings-growth ratio of -12.95 and a beta of 0.83.

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