The Rank Group (LON:RNK) Downgraded by Deutsche Bank Aktiengesellschaft to “Hold”

The Rank Group (LON:RNK) was downgraded by investment analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a report released on Friday,Digital Look reports. They currently have a GBX 104 target price on the stock, down from their previous target price of GBX 163. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 9.88% from the company’s current price.

A number of other brokerages have also issued reports on RNK. Shore Capital restated a “house stock” rating on shares of The Rank Group in a research note on Tuesday, November 11th. 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. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 152.

The Rank Group Stock Down 3.8%

Shares of LON:RNK opened at GBX 94.65 on Friday. The firm has a market cap of £443.37 million, a PE ratio of 9.96, a price-to-earnings-growth ratio of 1.75 and a beta of 2.48. The company has a fifty day simple moving average of GBX 103.34 and a 200 day simple moving average of GBX 124.81. The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20. The Rank Group has a 12-month low of GBX 75 and a 12-month high of GBX 166.20.

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.