The Gym Group (LON:GYM) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

The Gym Group (LON:GYM)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 230 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 9.00% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Shore Capital Group reiterated a “buy” rating on shares of The Gym Group in a report on Thursday, March 19th. Berenberg Bank raised their price objective on shares of The Gym Group from GBX 230 to GBX 235 and gave the stock a “buy” rating in a report on Tuesday, March 24th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Gym Group has a consensus rating of “Buy” and a consensus target price of GBX 209.

The Gym Group Trading Up 2.7%

Shares of The Gym Group stock traded up GBX 5.50 during trading hours on Tuesday, hitting GBX 211. The company’s stock had a trading volume of 21,629 shares, compared to its average volume of 564,795. The company has a market capitalization of £367.12 million, a PE ratio of 52.75, a price-to-earnings-growth ratio of -12.95 and a beta of 0.84. The company has a debt-to-equity ratio of 289.13, a current ratio of 0.15 and a quick ratio of 0.27. The stock has a 50 day moving average of GBX 183.22 and a 200 day moving average of GBX 169.23. The Gym Group has a 12 month low of GBX 131.20 and a 12 month high of GBX 211.

The Gym Group (LON:GYM) last released its quarterly earnings data on Wednesday, March 11th. The company reported GBX 5.60 earnings per share for the quarter. The Gym Group had a return on equity of 5.35% and a net margin of 3.02%. Analysts predict that The Gym Group will post 0.2851177 earnings per share for the current year.

About The Gym Group

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.