The Gym Group (LON:GYM) Earns Buy Rating from Shore Capital Group

The Gym Group (LON:GYM)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a research note issued on Friday, Digital Look reports. They presently have a GBX 280 price objective on the stock. Shore Capital Group’s price objective points to a potential upside of 42.49% from the company’s previous close.

A number of other brokerages have also issued reports on GYM. Berenberg Bank increased their price target on The Gym Group from GBX 255 to GBX 295 and gave the stock a “buy” rating in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 230 price objective on shares of The Gym Group in a research report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, The Gym Group presently has an average rating of “Buy” and an average price target of GBX 237.

The Gym Group Stock Up 0.8%

Shares of GYM stock opened at GBX 196.50 on Friday. The company has a market capitalization of £341.76 million, a price-to-earnings ratio of 49.12, a PEG ratio of -12.95 and a beta of 0.84. The Gym Group has a one year low of GBX 131.20 and a one year high of GBX 220. The company’s fifty day moving average price is GBX 205.95 and its 200-day moving average price is GBX 191.73. 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 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.