GYM Group’s (GYM) “Overweight” Rating Reaffirmed at Barclays
Barclays reaffirmed their overweight rating on shares of GYM Group (LON:GYM) in a research report sent to investors on Monday. The brokerage currently has a GBX 380 ($4.97) price objective on the stock.
Several other equities research analysts have also weighed in on the stock. Liberum Capital reaffirmed a buy rating on shares of GYM Group in a report on Wednesday, October 3rd. Peel Hunt reaffirmed a buy rating on shares of GYM Group in a report on Wednesday, October 3rd. Berenberg Bank upped their target price on shares of GYM Group from GBX 320 ($4.18) to GBX 370 ($4.83) and gave the stock a buy rating in a report on Thursday, August 30th. Finally, Numis Securities reaffirmed a buy rating and issued a GBX 370 ($4.83) target price on shares of GYM Group in a report on Wednesday, August 29th. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average price target of GBX 362 ($4.73).
GYM opened at GBX 297 ($3.88) on Monday. GYM Group has a twelve month low of GBX 170 ($2.22) and a twelve month high of GBX 265 ($3.46).
In related news, insider John Treharne sold 500,000 shares of the company’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of GBX 329 ($4.30), for a total transaction of £1,645,000 ($2,149,483.86). Also, insider Paul Gilbert sold 200,000 shares of the company’s stock in a transaction dated Friday, September 28th. The stock was sold at an average price of GBX 310 ($4.05), for a total transaction of £620,000 ($810,139.81).
About GYM Group
The Gym Group plc operates health and fitness facilities in the United Kingdom. As of March 20, 2018, it operated 130 gyms. The company was founded in 2007 and is based in Croydon, the United Kingdom.
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