The Gym Group (LON:GYM) Given New GBX 300 Price Target at Berenberg Bank

The Gym Group (LON:GYM) had its price objective lifted by investment analysts at Berenberg Bank from GBX 295 to GBX 300 in a report issued on Friday, London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 57.89% from the stock’s current price.

Other analysts have also issued reports about the stock. Shore Capital Group reissued a “buy” rating and set a GBX 275 price target on shares of The Gym Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of The Gym Group in a research report on Friday, September 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 250 target price on shares of The Gym Group in a research report on Wednesday, September 9th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 251.

The Gym Group Trading Up 0.8%

Shares of LON:GYM opened at GBX 190 on Friday. The company has a market capitalization of £329.21 million, a PE ratio of 47.50, a P/E/G ratio of -12.95 and a beta of 0.83. The company has a current ratio of 0.17, a quick ratio of 0.27 and a debt-to-equity ratio of 293.82. The Gym Group has a 12-month low of GBX 131.20 and a 12-month high of GBX 220. The business’s fifty day simple moving average is GBX 202.46 and its 200-day simple moving average is GBX 192.93.

The Gym Group (LON:GYM) last issued its quarterly earnings data on Wednesday, September 9th. The company reported GBX 3.10 earnings per share for the quarter. The Gym Group had a return on equity of 5.95% and a net margin of 3.27%. As a group, equities research analysts predict that The Gym Group will post 0.2851177 earnings per share for the current fiscal year.

The Gym Group Company Profile

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.