GYM Group (GYM) Rating Lowered to Equal weight at Barclays
GYM Group (LON:GYM) was downgraded by equities research analysts at Barclays to an “equal weight” rating in a research report issued to clients and investors on Thursday. They presently have a GBX 265 ($3.46) price objective on the stock, down from their previous price objective of GBX 380 ($4.97). Barclays‘s price objective would suggest a potential upside of 16.23% from the company’s previous close.
Several other research analysts have also weighed in on GYM. Liberum Capital reissued a “buy” rating on shares of GYM Group in a research report on Wednesday, October 3rd. Peel Hunt restated a “buy” rating on shares of GYM Group in a research note on Wednesday, October 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 339 ($4.43).
GYM stock opened at GBX 228 ($2.98) on Thursday. GYM Group has a 1-year low of GBX 170 ($2.22) and a 1-year high of GBX 265 ($3.46).
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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