The Gym Group’s (GYM) “Buy” Rating Reiterated at Shore Capital

The Gym Group (LON:GYM)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They presently have a GBX 200 price target on the stock. Shore Capital’s target price indicates a potential upside of 34.77% from the company’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 195 target price on shares of The Gym Group in a report on Thursday, July 10th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 198.33.

The Gym Group Stock Performance

Shares of LON:GYM opened at GBX 148.40 on Wednesday. The company’s 50 day moving average price is GBX 146.64 and its two-hundred day moving average price is GBX 142.36. The Gym Group has a 12-month low of GBX 119 and a 12-month high of GBX 174.21. The firm has a market cap of £262.48 million, a PE ratio of 6,183.33, a PEG ratio of -12.95 and a beta of 1.75. The company has a quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68.

The Gym Group (LON:GYM) last issued its quarterly earnings results on Wednesday, September 10th. The company reported GBX 2.80 earnings per share for the quarter. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%. Equities research 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.