Peel Hunt reaffirmed their buy rating on shares of Rank Group (LON:RNK) in a research note published on Friday.

Separately, Canaccord Genuity reduced their target price on Rank Group from GBX 200 ($2.61) to GBX 180 ($2.35) and set a hold rating on the stock in a research note on Friday, August 17th.

Shares of RNK stock traded down GBX 1.80 ($0.02) on Friday, reaching GBX 167.40 ($2.19). The company’s stock had a trading volume of 96,513 shares, compared to its average volume of 76,034. Rank Group has a 12-month low of GBX 203.40 ($2.66) and a 12-month high of GBX 250 ($3.27).

Rank Group (LON:RNK) last issued its quarterly earnings data on Thursday, August 16th. The company reported GBX 15 ($0.20) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of GBX 15 ($0.20). Rank Group had a return on equity of 12.76% and a net margin of 7.09%.

The company also recently announced a dividend, which will be paid on Tuesday, October 30th. Investors of record on Thursday, September 20th will be paid a GBX 5.30 ($0.07) dividend. This represents a yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 20th. This is a boost from Rank Group’s previous dividend of $2.15.

Rank Group Company Profile

The Rank Group Plc, together with its subsidiaries, provides gaming services in Great Britain, Spain, and Belgium. The company operates through Grosvenor Venues, Mecca Venues, UK Digital, and Enracha segments. It offers a range of casino table games, including roulette, blackjack, baccarat, and poker; electronic roulette and slots machine games; and community games, such as bingo, as well as social and bingo clubs.

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