Peel Hunt Reaffirms Buy Rating for GYM Group (GYM)

GYM Group (LON:GYM)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently weighed in on GYM. Numis Securities reiterated a “buy” rating and issued a GBX 313 ($4.09) price objective on shares of GYM Group in a report on Tuesday, March 19th. Berenberg Bank reiterated a “buy” rating on shares of GYM Group in a report on Thursday, April 11th. Barclays cut GYM Group to an “equal weight” rating and dropped their price objective for the stock from GBX 380 ($4.97) to GBX 265 ($3.46) in a report on Thursday, January 10th. Royal Bank of Canada dropped their price objective on GYM Group from GBX 350 ($4.57) to GBX 320 ($4.18) and set an “outperform” rating for the company in a report on Wednesday, January 16th. Finally, Liberum Capital reiterated a “buy” rating on shares of GYM Group in a report on Tuesday, March 19th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 319.67 ($4.18).

LON GYM opened at GBX 231.50 ($3.02) on Friday. GYM Group has a fifty-two week low of GBX 185 ($2.42) and a fifty-two week high of GBX 344.50 ($4.50). The company has a debt-to-equity ratio of 32.14, a current ratio of 0.27 and a quick ratio of 0.08. The company has a market capitalization of $318.97 million and a price-to-earnings ratio of 43.68.

In other news, insider Richard Darwin sold 11,080 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of GBX 222 ($2.90), for a total value of £24,597.60 ($32,141.12).

GYM Group Company Profile

The Gym Group plc operates health and fitness facilities in the United Kingdom. As of March 19, 2019, it operated 160 gyms. The company was founded in 2007 and is based in Croydon, the United Kingdom.

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Analyst Recommendations for GYM Group (LON:GYM)

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